A mixed use investment property currently producing £22,800 per annum.
The property comprises of a ground floor Bistro together with 2 self contained flats above (1 x 1 bedroomed flat and 1 x 2 bedroomed flat). The ground floor is currently let by way of a 10 year FRI Lease producing £10,800 per annum. The flats are currently let by way of Assured Shorthold Tenancies producing £12,000 per annum.
The property benefits from double glazing, steel roller shutters and central heating.
Fronting Rose Lane in a very popular and well established location on a busy main road next to Tesco Express and close to other local amenities, schooling and approximatley 4 miles from Liverpool City Centre.
Bistro with bar area approximately 50 covers, Men's & Ladies WC's, Kitchen, Prep Room, Store Room.
Flat 1 - Hall, Lounge, Kitchen, 2 Bedrooms, Bathroom/WC.
Flat 2 - Open plan Lounge/Kitchen, Bedroom, Bathroom/WC.
Yard to the rear
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* Guide Price
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* Reserve Price
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A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
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).