About this property

ON BEHALF OF THE LIQUIDATORS

A mixed use investment property comprising a vacant former public house on the ground floor and basement, with two self contained flats on the upper floors. The upper floors are let to Wirral Methodist Housing Association for a term of 21 years from 1st March 1995 with 3 yearly rent reviews at a current rental of £4006.96 per annum. (The next rent review is due 1st March 2013, it is understood that the rent has not been reviewed since March 2001).

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

The property is situated fronting Argyle Street close to Hamilton Square and on the fringe of Birkenhead town centre.

Basement

Bar area - 57m² (613 sq ft) approx
Kitchen
WC

Ground Floor

Bar area - 46m² (495 sq ft) approx
WC

First Floor

Flat 1 - Bedroom, Living Room/Dining Room, Kitchen, Bathroom.

Second Floor

Flat 2 - 2 Bedrooms, Living/Dining Room, Kitchen, Bathroom.

Photos
Map

110/112 Argyle Street, Birkenhead, Merseyside

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Viewings

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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

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).

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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