The vacant four storey building with basement is located at 62 Duke Street within a well established bar and nightclub circuit in the Ropewalks district. It is fully fitted as a nightclub with offices on the upper two floors and has a total approximate floor area of 612.5sq.m (6,593 sq.ft). Subject to the necessary planning consents it would be suitable for a variety of other uses and carries a guide price of £180,000+.
Another property attracting a good level of interest is a three storey Grade II listed building on Princes Road in Toxteth. The period building comprises three floors and a usable attic and basement. It was previously used as offices and benefits from car parking spaces at the front and has an enclosed yard area to the rear with potential for further car parking spaces. The property requires a full programme of refurbishment and redecoration work and is guided at £115,000+.
So far this year leading local property auctioneer Sutton Kersh has held two auctions at which one hundred and twenty nine properties have sold for a total exceeding £8.5million. Their 22nd May auction will take place at the Liverpool City Centre Marriott Hotel at 12 noon. The full catalogue can be viewed online at here.
Cathy Holt, auction manageress at Sutton Kersh commented "The quality of the lots included is high and there are some very good deals on offer for both investors and owner occupiers. Results at auction locally and nationally have been very good this year indicating the strong demand we are witnessing from investors. Price and demand appear to have met equilibrium and for anyone thinking of selling at auction, now is their best opportunity for over three years."
Sutton Kersh are now inviting instructions for their 12th July auction. For more information please call 0151 207 6315.