About this property

Addendum To Printed Catalogue

The Property will be sold subject to and with the benefit of any leases, licenses or occupancies that may exist at completion and not with vacant possession as stated in the catalogue.


ON BEHALF OF MORTGAGEES (NOT IN POSSESSION)

A two storey plus loft room end terrace mixed use property together with single storey ground floor lock up retail unit (18a Priory Road) and rear yard with residential accommodation to the upper floors. The property is in poor condition and requires a full refurbishment scheme.

The basement and ground floor of the property is subject to a registered lease for a term of 11 years commencing on 8th July 2010 and expiring on 20th September 2021. The initial rent payable under the lease was £5,200 per annum. The part of the property known as 18A is subject to a lease dated 26th July 2005 for a term of 10 years at an inital rent of £5,200 per annum. However, the property is being sold by the mortgagee not in possession and the lease details cannot be confirmed. The property is sold subject to any leases, licences or occupiers which may exist.

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 Priory Road at the corner af Manningham Road in the Anfield area of Liverpool approximately 1.5 miles from Liverpool city centre. It is close to Stanley Park and within a quarter of a mile from Anfield Football Stadium.

Ground Floor

Sales Area, Storage.

Upper Floors

Residential accommodation comprising 2 flats.

18a Priory Road

Ground Floor Lock Up Shop plus Storage - 17.90sq.m (measurements taken from VOA website).

Outside

Rear Yard.

Buyers Premium

A buyers premium of £750+VAT will be payable on this lot.

Photos
Map

18, 18a, 18b & 18c Priory Road, 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

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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