About this property

A three storey double fronted brick built former middle terrace house which has been converted into offices. The former occupiers being the National Probation Office and a Police Station. The property is in poor condition and in need of a full refurbishment scheme or redevelopment, subject to the relevant consents. There is a small yard at the rear and a carpark/driveway at the front. The total site area being 272.00 m2.

User: Offices with an associated sui generic use of part of the site as a Fire Station. Possible alternative uses include anything with B1 (offices) or D2 (Assembly & Leisure).

Planning Permission: Should the purchaser or developer obtain planning permission for a residential development on the property, then an additional premium shall be paid to the Council equal to 50% of the difference in value between the property (without residential) and the property (With residential).

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 Derby Lane in the Old Swan District within easy access to all local amenties and approximately 4 miles from Liverpool City Centre.

Tenure: Liverpool City Council owns the Freehold and is offering a 125 year full repairing and insuring lease with a requirement to refurbish within 24 months of the lease commencement date.

Fees: In addition to the price achieved at auction the purchaser shall pay the Council's Surveyor's Fees and legal costs at 3% of the price, subject to a minimum fee of £1500.00.

Photos
Map

5 Derby Lane, 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

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

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)

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