Mixed use

For Sale by Online Auction 6th April 2022

WHY BUY?
Double fronted retail unit
4 x one bed/studio flats
Potential income in excess of £24,000pa

DESCRIPTION
This is a large double fronted terrace property that is configured to provide a large retail unit to the ground floor which is currently let to a plumbing/bathroom show room paying £600pcm/£7,200pa. To the upper floors there are 4 x self-contained studio/one bedroom flats, 3 of which are currently let. The current rental income is £21,240 however the total potential income could be in excess of £24,000pa when fully occupied. 

LOCATION
Stanley Road is a main through road and can be accessed from Balliol Road. Stanley Road has a variety of local amenities, including eateries and independent shops. The property is located a short walk between Bootle Oriel Road Station, Kirkdale Station and Bank Hall Station, providing great links to the City Centre. 

ACCOMMODATION
Ground floor – Retail unit currently trading as Plumbing/bathroom showroom - Let at £600pcm
44a – First floor – kitchen, shower room, partition bedroom, living room - Let at £395pcm
44b– Second floor – kitchen, shower room, partition bedroom, living room - Let at £425pcm
46a– First floor – kitchen, shower room, partition bedroom, living room - Let at £350pcm
46b– Second floor – kitchen, shower room, partition bedroom, living room - Vacant

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.