About this property

JOINT AGENT ATLAS ESTATES

A substantial three storey mixed use property comprising of a ground floor retail unit together with four self contained flats to the upper floors accessed via a separate entrance on Ashfield Road. The property is currently partially let producing in excess of £31,000 per annum. When fully let the potential rental income is approximately £37,000 per annum.

The ground floor retail unit is currently let to 'Boots' by way of a 10 year Commercial Lease (IRI) from March 2010 producing £16,500 per annum. We are advised that the tenant will be renewing the Lease.

Three of the flats are let by way of Assured Shorthold Tenancies producing £14,940 per annum.

There is a planning application pending with Liverpool City Council to convert the residential units into a 9 bedroomed HMO - planning reference 19F/0466.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Situated

Fronting Aigburth Road on the corner of Ashfield Road in a busy and prominent main road position within close proximity to all local amenities and approximately 4.5 miles from Liverpool City Centre.

Ground Floor (Shop)

Shop - Main Sales Area, Rear Room, Ladies & Gents WC's, Kitchen Area, Rear Office, Stock Room.

Ground Floor (Flats)

Main Entrance Hallway, Store Cupboard.

First Floor Flat 1

Lounge, Kitchen, Bedroom, Shower Room/WC.

First Floor Flat 2

Lounge, Kitchen, Bedroom, Shower Room/WC.

Second Floor Flat 3

Open Plan Kitchen/Lounge, Bedroom, Shower Room/WC.

Second Floor Flat 4

Lounge, Kitchen, Bedroom, Bathroom/WC.

Stairs to 3 Bedrooms.

Outside

Yard to the rear

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.

Photos
Map

139 Aigburth Road, Aigburth Vale, Liverpool

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* 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.

Buyer's Fee

The successful purchaser will also be required to pay a Buyer's Administration charge of 1% of the purchase price subject to a minimum fee of £1,000 + VAT (£1,200 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) on each Lot.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)