Commercial Property for saleTHE REGENCY, 19-21 DERBY LANE, OLD SWAN, LIVERPOOL
Guide Price* £325,000
- SUTTON KERSH ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Thursday, 03 November 2016
- LOT NUMBER : 94
- A FREEHOLD RE-DEVELOPMENT OPPORTUNITY.
- Development Opportunities
- *GUIDE PRICE : £325,000 +
A vacant Freehold Re-Development Opportunity to convert and extend the existing property to provide 17 x 2 Bedroomed Apartments, subject to any necessary planning consents. Drawings are available for inspection, however potential purchasers should make their own enquiries.
The property comprises of two 3 storey interconnecting double fronted buildings which are currently used for the purposes of a bar, 3 function rooms and 6 bedroomed residential accommodation to the second floor. The rear of the ground floor has been significantly extended to provide function room accommodation with additional yard to rear
The premises also benefits from substantial car parking provision to the front.
We are advised that No 17 Derby Lane has received planning permission to convert to provide 4 Self contained apartments. Planning Ref: 13F/0340
Situated on Derby Lane within the Old Swan District of Liverpool close to the junction with Prescot Road (A57) also within easy access to all local amenities and approximately 3 miles from Liverpool City Centre.
Two separate Front Entrances, Main Bar Area, Ladies & Gents WC's, 2 Function Rooms with buffet rooms and dance floor area's , Kitchen, (6,197 sq ft)
Function room with Buffet room, Bar, WC's, Storeroom - (2,133 sq ft )
Living quarters- Hall, Bathroom/WC with walk in shower, Breakfast Kitchen, Living Room, 6 Bedrooms - (2,133 sq ft)
Good Sized yard to the Rear, Parking for several cars to the front.
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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