About this property

Addendum To Printed Catalogue

The guide price has been reduced to £400,000 plus


JOINT AGENT SK REAL ESTATE

A Re-development opportunity comprising of commercial units to the ground/lower ground floor with ancillary accommodation to the upper floors suitable for residential conversion, subject to any consents.

Planning permission has previously been granted to change use of the buildings into serviced apartments under planning application number 19F/1289, however potential purchasers should make their own enquiries. Please note number 18 is not included in the sale.

All exterior windows to the upper floors are single glazed with architraves with flooring predominantly of suspended timber construction, except in parts of the rear ground floor which is laid solid. The building incorporates an enclosed lightwell which provides a reasonably level of natural light to the rear part of each upper floor.

Approx Internal Area: 550sq.m (5,920 sq.ft)

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Situated

Fronting onto Cumberland Street within the main business and leisure district of Liverpool City Centre close to its junction with Victoria Street. The property is located in close proximity to the Met Quarter shopping and leisure complex and within walking distance to Liverpool One mixed use development.

Lower Ground/Ground Floor

Ancillary Accommodation

First Floor

Ancillary Accommodation

Second Floor

Ancillary Accommodation

Third Floor

Ancillary Accommodation

EPC Rating.

D.

Photos
Map

20 Cumberland Street, Liverpool

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* 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.

Buyer's Fee

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.

Legal Packs

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)

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