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Auction Property Details

90 Litherland Road, Bootle, L20 3HZ

This property is listed in the following auctions

Lot 35 - 14.02.2018

Guide Price £15,000 - £20,000**

For sale by auction 14th February 2018

Commercial Premises
Development Opportunity
Huge Potential Yield
Potential To Add Value

The property itself is a ground floor retail unit in need of redevelopment throughout. Currently configured to provide an open sales area, kitchen and w/c to the ground floor, with a further room on the 1st floor, one option is to carry out the necessary refurbishment works and to rent out again as a commercial premises – with the property having previously been used as a bookmakers it is likely that any future tenants would be of a similar nature, with suggested rent around £500pcm - £550pcm.
To the first and second floors there is a four bedroomed flat which is on offer separately in this auction. Pre-application advice has been sought via Sefton Council, application No DC/2017/00734 to convert and extend the property to provide nine self-contained apartments. Potential purchasers are free to make further enquiries to the council planning board. Plans are available for inspection in Venmores Office, Imperial Buildings, 9 Dale St, L2 2SH. If bought together, the property could offer 9 self-contained apartments perfect for resale or rental. The rental for flats in the area would be around £450pcm for a good standard one bed, so the potential annual income on the property if configured in this way would be around £48,600 – a truly staggering yield without the need to move mountains.
Other developments have been granted in the immediate vicinity on the Brownfield Site (approved for 8 self-contained apartments) and the Tannery Site awaiting approval for 146 apartments and 9 houses. The ongoing improvement of the area, coupled with the local Hugh Baird College expanding to incorporate university courses (leading to student movement to the area) mean that on top of the incredible yield, there is a good chance for improvement in property values across the area in the coming years.

Situated on Litherland Road in Bootle, located around 3.5 miles outside of the City Centre, the property is very well positioned for all local amenities such as The Strand Shopping Centre, Bootle New Strand & Bootle Oriel Road Train Stations, and the ASDA Superstore. Furthermore, regular buses to the City are abundant in the area, so investors truly would have a wide demographic of potential occupants available.

Ground floor :- Main sales area, kitchen, w/c.
First floor :- One room


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.


27th March 2018 1.00pm

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

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9 Dale Street, Imperial Buildings, Liverpool, L2 2SH

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