A 3 storey plus basement mixed-use investment opportunity producing a total rental income of £23,500 per annum.
The property comprises of a ground floor retail unit let on a 7 year lease from March 2022 producing a rental income of £4,800 per annum together with 4 letting rooms above accessed via a separate front entrance. The letting rooms are fully let producing a rental income of £18,720 per annum.
The property benefits from a double glazing and central heating.
Situated
Fronting West Derby Road in a popular location within walking distance to local amenities, schooling and approximately 3 miles from Liverpool City Centre.
Basement
Not Inspected
Ground Floor
Shop - Main Sales Area, Treatment Room, W.C, Further Treatment Room
First Floor
Flat - Entrance Hall, Communal Kitchen, Letting Room 1, Letting Room 2
Second Floor
Communal Bathroom/W.C, 2 Further Letting Rooms
Outside
Rear Yard
EPC Rating
Shop - C
Flat - E
Conncil Tax Band
Flat - A
get ready to bid by visiting the auctioneers website
guide prices & reserve prices
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.