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3-5 Liverpool Road, Stoke on Trent, ST4 1AR

Unsold, please refer to Auctioneer.
 

Guide Price £225,000 plus fees


Thursday 4th July 2013

11.00am
Key Features
A Freehold Commercial and Residential Investment Property Current Rental Income: £29,460 pa Potential Income: £35,460 pa
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Unsold, please refer to Auctioneer.

Flat

Continued (In to second column)

Ground Floor
No. 3 Liverpool Road - A Vacant Retail Unit with Toilet.
No. 5 Liverpool Road - Retail Unit with Toilet.

First Floor
Separate External Entrance and Staircase to First Floor.
Flat 1 - Hall, Lounge, Kitchen, Bedroom and Shower Room.
Flat 2 - Hall, Lounge, Kitchen, Bedroom and Shower Room.
Flat 5 - Hall, Lounge/Kitchen, Bedroom and Shower Room.

Second Floor
Landing and access to:-
Flat 3 - Hall, Shower Room, Bedroom, Dressing Room, Lounge and Kitchen.

Flat 4 - Hall, Kitchen, Lounge, Bedroom and Shower Room.

Property Description (2nd Column)

A large three storey mid terraced property converted into two self contained retail shops and five residential flats over.

Property Type

Commercial Vacant Possession

Tag Line

A Freehold Commercial and Residential Investment Property
Current Rental Income: £29,460 pa
Potential Income: £35,460 pa

Tenancy Details

No. 3 Liverpool Road - A vacant shop premises

No. 5 Liverpool Road - Let to I Wis Framed at a rental of £6,000 per annum on a 10 year Lease commencing on the 17th October 2012 with a break clause on 17th October 2017.

Apartment 1 - Let on an Assured Shorthold Tenancy at £375 per calendar month.

Apartment 2 - Let on an Assured Shorthold Tenancy at £395 per calendar month.

Apartment 3 - Let on an Assured Shorthold Tenancy at £395 per calendar month.

Apartment 4 - Let on an Assured Shorthold Tenancy at £395 per calendar month.

Apartment 5 - Let on a an Assured Shorthold Tenancy at £395 per calendar month.

Which is a total of £2,455 per calendar month - £29,460 per annum.

Tenure

We understand that the property is Freehold and being sold subject to the existing tenancies.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: