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Auction Property Details

446 Park Road, Toxteth, Liverpool, L8 9RF

This property is listed in the following auctions

Lot 5 - 14.02.2018

SOLD PRIOR

For sale by auction 14th February 2018

WHY BUY?
Iconic building
Development potential
Prominent corner position
Close to City Centre

DESCRIPTION
A substantial Freehold former cinema fronting a very prominent position at the Junction of Dingle Lane & Park Road. The site currently benefits from planning to use former cinema as a tool hire shop under Class A1 (Retail), but would be ideal as a residential development subject to gaining the necessary planning consents. The total area is approximately 1,250 sq ft. over basement and four floors.

On the roof there are Telecom Masts which have been sold off separately by way of a 40 year lease (2013–2053). To the exterior there are Advertising Hoardings which have also been sold off separately by way of a 125 year lease (2013–2138). They are not included in the sale.

LOCATION
Fronting Park Road on the corner of Dingle Lane in a prominent corner position approximately 2 miles from Liverpool city centre. Nearby occupiers include Tesco Superstore, B&M and McDonalds.

ACCOMMODATION
Basement: Storage
Ground Floor: Entrance Foyer, Auditorium & Bar - Area approx - 900m2
First Floor Balcony: Offices and changing rooms Area approx -250m2
Second Floor: Office, Storage Area approx -50m2
Third Floor: Office – Storage Area approx -50m2
Fourth Floor - Plant Rooms

NB - Sizes are approximate. We advise all interested parties to carry out their own surveys and measurements.

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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