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Lot 38
Guide Price: £110,000*

Auction Date: Wednesday 29th March 2017

Auction Venue: The Crowne Plaza Liverpool, 2 St Nicholas Place, Liverpool L3 1QW


407/407a Poulton Road/1&1a Sherlock Lane, Wallasey, Merseyside

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Property Description

A three storey dormer style mixed use property comprising of a ground floor interconnecting retail unit together with 2 self contained flats (1x1 and 1x3 bedroomed) to the first & Second floor accessed via a separate front entrance. The property benefits from central heating and steel roller shutters. The retail until would be suitable for a number of uses, subject to any relevant planning consents and could be divided to provide 2 separate units. One of the flats is currently let by way of an Assured Shorthold Tenancy producing in excess of £4,900 per annum. When fully let the potential rental income would be in excess of £25,000 per annum.


Situated

Fronting Poulton Road in a popular and well established residential location within close proximity to local amenities, schooling and approximately 6 miles from Liverpool City Centre.

Ground Floor

Shop - Main sales area, 2 Rear Rooms, WC.

First/Second Floor

Flat 1 - Hall, Lounge, Kitchen, 1 Bedroom, Boxroom, Bathroom/WC. Flat 2 - Hall, Lounge, Kitchen, 3 Bedrooms, Bathroom/WC.

Outside

Covered Yard/Workshop, Rear Yard with access

* 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.

Listed By

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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