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Lot 33 - Wednesday 13th September 20177-9 Walton Road, Liverpool, Liverpool, Merseyside, L4 4AD

Guide Price £180,000 Plus

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For sale by auction 13th September 2017WHY BUY?Current rent passing £25,050William Hill let on 20yr lease4 x 1 Bedroom self contained flatsStrong Rental AreaDESCRIPTIONA substantial freehold investment with residential accommodation above. The retail accommodation is currently let to William Hill on an FRI lease for 20 years commencing 7th May 2010 at a rent of £5,850 per annum, with an outstanding upwards only rent review from 2015 and subsequent rent reviews every 5 years of the term. The residential accommodation comprises of four x 1 bedroom self-contained flats all accessed from a separate side communal entrance. All of the flats are currently tenanted on AST agreements at approx £400pcm. Each flat benefits from double glazing and central heating, modern kitchens and shower rooms. The current total combined annual income is £25,000 per annumLOCATIONSituated in a busy main road location within a neighbourhood retail parade fronting Walton Road approximately 1.5 miles north of the city centre.

ACCOMMODATION
:Ground Floor: Large retail unit let to William Hill on 20yr FRI lease from 2010Flat 1 - First Floor: lounge, bedroom, kitchen, bathroom, Flat 2 - First Floor: lounge, bedroom, kitchen, bathroomFlat 3 - Second Floor: lounge, bedroom, kitchen, bathroomFlat 4 - Second Floor: lounge, bedroom, kitchen, bathroomOutside: Yard to rear

For sale by auction 13th September 2017

WHY BUY?

Current rent passing £25,050William Hill let on 20yr lease4 x 1 Bedroom self contained flatsStrong Rental AreaDESCRIPTIONA substantial freehold investment with residential accommodation above. The retail accommodation is currently let to William Hill on an FRI lease for 20 years commencing 7th May 2010 at a rent of £5,850 per annum, with an outstanding upwards only rent review from 2015 and subsequent rent reviews every 5 years of the term. The residential accommodation comprises of four x 1 bedroom self-contained flats all accessed from a separate side communal entrance. All of the flats are currently tenanted on AST agreements at approx £400pcm. Each flat benefits from double glazing and central heating, modern kitchens and shower rooms. The current total combined annual income is £25,000 per annumLOCATIONSituated in a busy main road location within a neighbourhood retail parade fronting Walton Road approximately 1.5 miles north of the city centre.

ACCOMMODATION

:Ground Floor: Large retail unit let to William Hill on 20yr FRI lease from 2010Flat 1 - First Floor: lounge, bedroom, kitchen, bathroom, Flat 2 - First Floor: lounge, bedroom, kitchen, bathroomFlat 3 - Second Floor: lounge, bedroom, kitchen, bathroomFlat 4 - Second Floor: lounge, bedroom, kitchen, bathroomOutside: Yard to rear

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£5,400
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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