Please note the correct postcode is L7 0JH. This lot has sold prior to auction.
The property comprises a number of adjoining terraced buildings including 172 Prescot Road providing a two storey building and 174-178 Prescot Road/2 Stanley Road comprising of 3 x three storey interconnecting terraced buildings. The premises also benefit from an open land area which can be found adjacent to 172 Prescot Road.
The accommodation is partly occupied by three users at present which are currently holding over producing a collective income of £13,340 per annum. The remainder of the accommodation consists of office accommodation to the upper floors of 174-178 and a maisonette/flat to the upper floors of 2 Stanley Road.
The property benefits from planning permission to alter and convert the premises to provide 1 studio and 8x1 bed apartments including alterations to the shop front of 174-178 Prescot Road and to retain 172 Prescot Road as a commercial premises under application number 16F/1434. Full plans are available on request.
Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY
t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk
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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.
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.
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)