7 bedroom commercial property for sale241-245 STANLEY ROAD, KIRKDALE, LIVERPOOL
Guide Price* £140,000
- SUTTON KERSH ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Thursday, 03 November 2016
- LOT NUMBER : 32
- A MIXED USE INVESTMENT CURRENTLY PRODUCING £12,000 WITH A POTENTIAL £35,000.
- Commercial Investment
- *GUIDE PRICE : £140,000 +
A substantial 3 storey mixed use investment comprising of a ground floor fast food takeaway plus 7x1 bedroomed flats above. The retail unit and ground floor flat are let to 'Chicksters' on a 10 year lease from June 2010 at a rental income of £12,000 per annum with 2 yearly rent reviews.
The 6 flats above are in need of repair and modernisation and when fully let the potential total annual income being is in excess of £35,000 per annum.
Fronting Stanley Road on the corner of Snowdrop Street on a busy main road position within easy reacy of local amenities and approximately 1 mile from Liverpool City Centre,
Fast food takeaway - Sales area, Prep area, rear Kitchens, W.C.
Self contained flat - Living room, Bedroom, Kitchen, Bathroom/W.C.
6 Self contained flats each comprising of - Living room, Bedroom, Kitchen, Bathroom/W.C.
GUIDE PRICES & RESERVE PRICES
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.
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.
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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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