Addendum To Printed Catalogue
Please note that the rent passing is £29,000 per annum and not £16,700 pa as shown in the catalogue.
A substantial Grade II Listed 5 storey Georgian mid terraced property suitable for a number of uses, to include conversion to provide 5/6 self contained flats, a boutique B&B Hotel, HMO Student Investment opportunity or back to an impressive dwelling, subject to any relevant planning consents.
The property benefits from original features and has been renovated in the past and benefits from central heating. To the rear there is a single storey workshop which would be suitable for demolition to provide off road parking or possibly a two storey dwelling, subject to any relevant consents.
Fronting Hope Street at it's junction with Upper Duke Street occupying a much sought after position in the Heart of Liverpool's University Quarter. The Everyman Theatre, Anglican Cathedral, Philharmonic Hall, Liverpool One and restaurants are within walking distance.
Lower Ground Floor
Hall, 2 Rooms, Kitchen, WC, Shower
Vestibule, Main Entrance Hallway, 2 Large Rooms, Office, WC.
3 Rooms, Kitchen, WC, Shower Room/WC
1 room with ensuite shower/wc, Open Plan Lounge/Kitchen, 2 Rooms, Bathroom/WC. Stairs to provide one further room.
2 Rooms, Shower/WC
Rear Courtyard/Garden/Warehouse with access via Hope Way
We are advised the property is held by way of a Leasehold interest for a term of 99 years from 14th July 1983 and the current rent passing is £16,700 per annum. Interested parties should make their own enquiries to Liverpool City Council regarding the lease or purchase of the Freehold.
Disclaimer: On some client's instructions not all properties are available to purchase prior to auction however we will submit all offers on your behalf.
* 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.
A successful purchaser will also be required to pay a Buyer's Administration charge:
Blundells Property Auctions - £950+VAT (£1140 including VAT @ 20%)
Sutton Kersh Auctions - £850+VAT (£1020 including VAT @ 20%)
Countrywide Property Auctions - £750+VAT (£900 including VAT @ 20%)
(unless stated otherwise within the property description in the catalogue) by cheque, bankers draft or debit card made payable to Countrywide.
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).