Mixed Use for auction in Liverpool

Description

A well presented mixed use investment property comprising a double-fronted ground floor shop together with four self-contained studio flats to the first floor, producing a combined rent of £41,400 per annum.

The property is fully let with the ground floor shop occupied by way of a 20-year lease from August 2022 at a rent of £15,600 per annum and the first floor studios let by way of AST agreements and producing a combined rent of £25,800 per annum.

Situated in an established residential area, a short distance from Goodison Park, and also close to Stanley Park and Anfield Stadium. There are regular bus services to Liverpool City Centre on Walton Lane (A580) and Kirkdale Station is less than 1 mile away.

Accommodation

Ground Floor
Retail accommodation: 63.05 Sq M (679 Sq Ft)

First Floor
4 no. self-contained studio flats

Site Area

Approximately 125 Sq M (149 Sq Yds)

Tenure

Freehold

Planning

For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Liverpool City Council, Building Control, Cunard Building, Water Street, Liverpool, L3 1AH. Telephone: 0151 233 3021.

Occupancy

Subject to a tenancy

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Business Rates:
The commercial element of the property is entered in the 2026 Rating List as 'Post Office and Premises' with a Rateable Value of £4,250. The Rateable Value (RV) is not the amount payable.

Council Tax:
The residential element of the property is listed with a Council Tax assessment in Band A.