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Auction Property Details

73-75 Bridge Road, Litherland, Liverpool, L21 6PH

This property is listed in the following auctions

Lot 12 - 31.10.2017

POSTPONED

For Sale by Auction 31st October 2017

WHY BUY?
2 x self-contained flats
2 x retail units
1 x advertising hoarding
Current income of £15,960pa
Good rental area

DESCRIPTION
This property consists of a double fronted end terrace property that have been configured to provide 2 x retail units and 2 x self-contained flats to the upper floors. The property is fully let and currently generating £15,960pa, but does have the potential to increase rental income as well utilising the advertising hoarding to the gable end for alternative income. Ideal as a long term high yield investment with immediate income stream which could help to secure finance. 

LOCATION
Situated on Bridge Road which can be accessed from Linacre Lane or Princess Way, close to the Lidl & Tesco Superstores and Seaforth & Litherland Train Station, with the City Centre around 5 miles away and reachable by way of regular buses from the area.

ACCOMMODATION
73 Bridge Road – Retail unit – Trading as hairdressers – Let at £300pcm/£3600pa  
75 Bridge Road - Retail unit – Trading as Health café – Let at £320pcm/£3840pa
73a Bridge Road – Flat – kitchen, living room, bathroom, 2 x bedrooms – let at £370pcm/£4440pa
75a Bridge Road – Flat – Kitchen, living room, bathroom, 2 x bedroom – Let at £340pcm/£4080pa
Outside: Advertising hoarding to side – potential to rent

 

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Next
Auction

27th March 2018 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

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