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Commercial Property for sale

83, 83A AND 83B HIGH STREET, WAVERTREE, LIVERPOOL

Sold STC £300,000

Property Description

Key features

  • SUTTON KERSH ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Thursday, 03 November 2016
  • LOT NUMBER : 7
  • A HMO MIXED USE INVESTMENT PRODUCING 54,000 PER ANNUM.
  • Commercial Investment
  • *GUIDE PRICE : 300,000 +

Full description

A HMO Mixed Use Investment property currently producing £54,000 per annum.

A pair of three storey terraced properties comprising of a ground floor retail unit which is currently let by way of a 5 year lease from September 2013 to Walton Flooring for a rental of £14,400 per annum. The upper floors are currently let as a 12 Bed HMO to Professional Tenant's on separate Assured Shorthold Tenancies at a rental of £39,600 per annum.

The property is fully HMO compliant and has been newly renovated to include new kitchens, Bathrooms, Flooring and boilers.

Situated
Fronting a busy main road position opposite the newly erected Tesco Extra, within close proximity to local amenities, Schooling and transport links

Cellar
Not inspected.

Ground Floor Shop
Main Sales area, Storage, Kitchen, W.C, Office.

83a Ground Floor
Separate front entrance, Main entrance hallway
First floor- Shower room/W.C, 3 Rooms
Second Floor - Kitchen/Diner, Communal Lounge, 2 Rooms, Bathroom/W.C.

83b Ground Floor
Separate front entrance, Main entrance hallway
First Floor - 2 x W.C's, Shower Room, Bathroom, Communal Kitchen/Dining room, 2 x Communal Lounge, 7 Rooms, Balcony.

Second Floor
Potential to provide further accommodation.

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.


Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sutton Kersh Auction, Liverpool - Auction on 0151 207 6315.


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