Commercial property set over 3 floors with potential for residential conversion to 6 to 8 flats or mixed use.To be sold under auction conditions - LOT 37
Located within 1 km (0.6 miles) of Anfield, where a local football club play and also close to the infamous Goodison Park the home of Everton FC a premier league club, the stadium being only a mere1.6 KM (1 mile) away as the crow flies.
***** Please note our new venue: The Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR *****
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
Overview
Considered to be an up and coming part of Liverpool and a popular place to live. Rental values in the area are good with high demand for rooms and flats to rent. Situated at the top end of Townsend Lane close to the junction with Priory and Breck Road. There are plenty of shops and amenities within walking distance and regular buses to Liverpool City Centre which is only 2.5 miles away.
If the building was re-developed to provide 8 x one bedroom flats, we feel the absolute minimum rental income would be £400 pcm per flat equating to £38,400 per annum.
Planning
The vendors have asked the auctioneers to point out that when reviewing the pre-planning application response from Liverpool City council you will find that they had an issue with the amount of daylight in the top floor flats and the potential head height. Amended plans where submitted to the council with the amendments. All interested parties are advised to contact Liverpool City Council directly to discuss planning matters quoting reference PL/INV/1177/18.
Details
The property is set over three floors, it has recently been used for retail trading with storage and office space above, The accommodation comprises ground floor retail with store/office, first floor retail/storage and WC, second floor storage/retail.
Notes
EPC rating: C (52). Floor plans and site plans are intended as a guide to prospective and actual layouts and must not be relied on as being wholly accurate. Refer to the online legal pack for the title documentation.
Who, When, Where?
Edward Mellor Auction
Wednesday 13th March 2019THE BRAND NEW VENUE AT
The Sheridan Suite, 371 Oldham Rd, Manchester M40 8RR
Important Notice
Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction
You must not bid unless you have made yourself fully aware of the auction process.
If you require help with this, please contact a member of the auction team.
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