This freehold corner building comes with planning permission granted for eight self-contained serviced accommodation units across the residential floors (sui generis use, ref 24F/2044), alongside a retained ground-floor commercial unit. Consents of this type can be difficult to obtain in this area, so the existing permission gives this lot a real head start.
The residential floors have been taken back to brick, and the following design work is available to interested parties:
• Architectural drawing set for the consented scheme
• Mechanical, electrical and plumbing (MEP) design package
• Structural engineering input
RICS GDV £900,000
Rental - £186,880 Gross
RICS report and letting agent revenue projections available within the legal pack, look for the following document - Lot 7 - Sales Pack
Flexible Potential
Beyond the consented scheme, the building may also lend itself to supported living accommodation or conversion to self-contained flats. These uses do not form part of the existing permission and would be subject to the purchaser obtaining planning permission and any other necessary consents. Interested parties should make their own enquiries with Liverpool City Council.
A substantial three-storey, end-of-terrace building of approximately 178 sq m (1,916 sq ft), with a ground-floor retail unit fronting Kensington and a separate side entrance on Thornes Road serving the residential floors. Those floors now offer a clean canvas for the consented layout of eight units, each designed with en-suite and kitchenette facilities. The building already benefits from double glazing, a boiler and electric roller shutters
Ideal For
Serviced accommodation operators looking to scale, developers wanting a consented scheme without the planning wait, and investors seeking a mixed-use asset with income potential from both the residential floors and the ground-floor commercial unit.
N.B
Planning: Ref 24F/2044 – 8 serviced accommodation units (sui generis). Architectural drawings, structural designs and supporting technical documentation are provided for information purposes only, without any warranties or representations from the Seller regarding their accuracy, suitability or compliance. All prospective purchasers must undertake their own independent due diligence and obtain their own professional advice before relying on any of the documentation.
Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY
t. 0151 207 6315
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