About this property

Addendum To Printed Catalogue

This property has been postponed due to a legal technicality.


A three storey detached property providing a ground floor public house together with 6/7 bedroomed accommodation to the first and second floors accessed via a separate side entrance. The ground floor is currently let on a short lease at a rental of £5200.00 per annum. To the upper floors 4 rooms are currently let by way of Assured Shorthold Tenancies producing £11,440 per annum. The property could be converted to provide a 7 Bed HMO Investment Opportunity, subject to any necessary planning consents. The potential annual rental income when fully let being in excess of £28,000.

The property benefits from two kitchens, two bathrooms and central heating. The property can be sold with vacant possession if required.

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 Irvine Street just off North View in a popular and well established location within each reach to the University and Liverpool City Centre.

Ground Floor Front Entrance

Public House - Bar Area, Lounge, Games Room, Kitchen, Ladies & Gents WC's.

Ground Floor Side Entrance

Main Entrance Hallway

First Floor

Landing, Communal WC, Bathroom/WC, Kitchen, Communal Lounge, 3 Letting Rooms.

Second Floor

3 Letting Rooms, Kitchen, Bathroom/WC

Decked patio and Smoking Area. Double Gates.

GUIDE PRICES & RESERVE PRICES

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.

Photos
Map

The Bears Paw, 62 Irvine Street, Liverpool

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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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