Major investments among Sutton Kersh auction lots

Grenville CourtA residential investment in Liverpool producing annual income of over £147,000 is among the lots at the next Sutton Kersh auction on Thursday 11 December.

Grenville Court on Hardy Street, within the heart of China Town, comprises 24, two and three bedroom apartments arranged in four separate blocks. The guide price is £1,400,000 plus.

Meanwhile, a fully let Grade II listed four storey building on Union Street, in the business district of Liverpool, producing annual rental income of £22,120 has a guide price of £175,000 plus.

Other highlights of the sale at the Liverpool City Centre Marriott Hotel include The Gateway Hotel in Bootle.

The freehold mixed use property on Rimrose Road comprises a ground floor public house and 19 bedrooms to the upper floors, which together produce gross income of over £100,000 per annum. The guide price is £200,000 plus.

Elsewhere, a part-let leasehold retail parade investment in Widnes currently generating £45,350 is guided at £90,000 plus. When fully let, rental income would be in the region of £59,750.

Vacant commercial opportunities include a two storey building in Wigan. The property on Liverpool Road is described as being suitable for a range of potential uses, subject to planning. The guide price is £130,000 plus.

In total Sutton Kersh has attracted 68 lots for its final auction of 2014. Overall proceeds for the year to date currently stand at over £30,000,000.

The full December auction catalogue is available to view online at www.suttonkersh.co.uk/auctions-property