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Auction Property Details

38-40 Heath Street, Golborne, Warrington, WA3 3DL

Lot 18 - 31.10.2017

Guide Price £180,000 Plus**

For sale by auction 31st October 2017

WHY BUY?
2 x retail units
2 x flats
1 x House
Potential to add value

DESCRIPTION
This is a large property that consists of 3 x terraces that have in the past been configured to provide 2 x retail units, 2 x self-contained flats and a mid terrace house. The property does need to be properly segregated with some doorways closed off prior to renting, but once they have been modernised there is potential to have 5 x lettable units. At present one retail unit is being used as a butchers while the other is being used as a hairdressers, although the butchers will be vacant prior to completion. The 3 residential units will also be vacant on completion. If the two retail units were let at £300pcm, the 2 flats let at £350pcm and the house at £450pcm, then the total potential income could be £21,000pa.

LOCATION
Fronting Heath Road and the corner of Turton Street right in the heart of Golborne. There is plenty of footfall with numerous other retail units close by as well as some eateries and bars. Haydock Race course is within a few minutes walk. 

NB - Included in the sale is the freehold titles for number 1, 3 & 5 Turton Street, WA3 3AB

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

31st October 2017 1.00pm

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

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