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Lot 32 - Tuesday 27th March 2018Molyneux Vaults Molyneux Road, Kensington, Liverpool, Merseyside, L6 6AJ

SOLD PRIOR

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For sale by auction on the 27th March 2018





WHY BUY?



Former public house

Convenience store Let at £13,800pa

9 Bedroom flat let at £14,400pa

Close to Royal Liverpool Hospital



DESCRIPTION

This is a large former public bar that has been configured to provide a convenience store on the ground floor, with basement storage, and residential letting rooms to the upper floors. The convenience store is currently let by way of a 15 year lease from April 2017 to the neighbour store, who has knocked through to extend their existing store, with rent passing at £1150pcm/£13,800pa. The upper floors consist of 9 bedroom flat let by way of a 6 year lease from June 2017 at £1200pcm/£14,400pa. Three of the bedrooms are en-suite and the flat also has a kitchen and bathroom. The property appears to have been finished to a good standard throughout and would be Ideal as long term investment with total current income of £28,200pa.



LOCATION

On the corner of Molyneux Street and Cameria Street.  





ACCOMMODATION



Ground floor: Convenience store with access to basement/cellar storage

First floor: 6 x bedrooms, kitchen, bathroom

Second floor: 3 x en-suite bedrooms

Outside: Yard to rear



NB - Venmores have not carried out an internal inspection

Stamp Duty Calculator

You will pay
£6,000
• 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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