The premises are let to John Flynn and Denise Flynn for a term of 5 years from 1st February 2010. John Flynn and Denise Flynn are no longer in occupation and have declared bankruptcy. The landlords have not received a letter of disclaimer from the Trustees in bankruptcy as yet. No rent has been demanded from John Flynn and Denise Flynn and the arrears are disclosed in the pack.
A vacant warehouse with two storey office accomodation extending to 20,725 sqft (1,925.4 sqm). In addition there is a secured yard/car park on the opposite side of Rose Place, secured by pallasade fencing and boundary walls 1,016 sa yards (0.21 acres). The advertising hoardings are let currently producing £3500 per annum (details below).
The warehouse accomodation comprises the following:
Bay No.1 which fronts St Anne Street, has been converted to provide a mixture of workshop/warehouse and two storey office accommodation with kitchen and WC facilities provided. The southern section of Bay No.1 fronting Rose Place has been retained to provide adjoining warehouse accommodation, with access provided via several steel roller shutter doors. The offices are accessed to the western elevation overlooking St Anne Street via an enclosed secured car parking area accommodating approximately 18 vehicles.
Bay No.2 comprises standard warehouse accommodation, accessed via several steel roller shutter doors fronting Rose Place with an interlinking pedestrian door providing access to Bay No.1. An additional secured yard/car parking area is located on the opposing side of Rose Place secured via palisade fencing and boundary walls.
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.
You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).
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)