External Viewing Only

About this property

A three storey plus basement mixed use investment opportunity producing a rental income of approximately £24,059.64 per annum.

The property comprises of a ground floor retail unit currently trading as 'Top Property Student Homes' together with 3 x studio flats and 1 x 2 bedroomed flats to the first and second floors accessed via a separate side entrance. The shop and flats are let by way of two separate 5 year leases until 10th March 2028 and the tenants have been in situ for 15 years.

The property benefits from electric roller shutters, majority double glazing and electric heating.

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

Tenure - Freehold


Situated

Fronting Smithdown Road at it’s junction with Gainsborough Road in a prominent main road position close to local amenities, schooling and approximately 2 miles from Liverpool City Centre.

Lower Ground Floor

Basement - Used for storage (not inspected)

Ground Floor (337 Smithdown Road)

Shop - Main Sales Area, Two Offices, Kitchen, WC
2 Gainsborough Road - Hall and Stairs to Flats

First Floor (2 Gainsborough Road)

Flat 1 - Open Plan Lounge/Kitchen/Diner, Two Bedrooms, Shower Room/WC
Flat 2 - Open Plan Lounge/Kitchen/Bedroom, Shower Room/WC

Second Floor (2 Gainsborough Road)

Flat 3 - Hall, Kitchen, Open Plan Lounge/Bedroom, Bathroom/WC
Flat 4 - Open Plan Lounge/Kitchen/Bedroom, Shower Room/WC

Outside

Yard to the rear

EPC Rating

Shop - D
Flat 1 - E
Flat 2 - C
Flat 3 - D
Flat 4 - E

Photos
Map

337 Smithdown Road/2 Gainsborough Road, Liverpool

External Viewing Only

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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

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