Addendum To Printed Catalogue
The guide price has been reduced to £125,000 plus
A substantial Grade II Listed 5 storey Georgian mid town house property which is being offered with the benefit of full planning permission to convert the existing building to provide 4 self contained residential units. The planning also includes the demolition of the rear garage to be replaced with a detached building which will provide a fifth unit.
The property benefits from original features and has been renovated in the past and benefits from central heating.
Planning reference under Liverpool City Council: 18L/1520. Architects drawings are available for inspection at the Auctioneers Offices.
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.
The property is held under a Lease from Liverpool City Council for 99 years calculated from the 1st March 1982 subject to the payment of a market rent currently at £29,000 pa subject to review.
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE
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 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).