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Everton Water Tower, Margaret Street, Liverpool L6 2HW

Lot no: 168 Postponed
 

Guide Price £90,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 24th November 2022

10.00am
Key Features
  • Large Grade II Listed water tower with planning permission
  • Scheme of luxury apartments
  • Event Space
  • Iconic Building and famous landmark
  • A rare and unique opportunity
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Postponed

Residential Development

Property Description:

DRAFT DETAILS

A magnificent water tower with planning permission for conversion.

Everton Water Tower is a well known landmark on the Liverpool skyline and was designed by Thomas Duncan and dating back to 1857.

The property now has planning permission and listed building consent in place for re-development to residential and leisure accommodation (Sui Generis).

The scheme offers a concept of luxury air b and b/serviced apartments along with event space. Planning reference Liverpool city council 20F/1018.

Once converted the development with be of the highest standards throughout offering the very best of living and event space.

Proposed scheme would comprise-
Ground Floor - Luxury one bedroom apartment.
First Floor - Entrance Lobby, Reception Area, Commercial Kitchen and store.
Fifth Floor- Five Luxury one bedroom apartments.
Sixth Floor- Large Event space, Roof top terraces and WCs

The site area totals 1130 sqm and will offer parking.

The tower consists of 3 stages. The first stage is made up of an arcade of 12 arches in a rusticated style. The second stage also consists of a 12 arch arcade with each arch having an impost band and keystone and a top bracketed cornice. The final stage is recessed and contains the water tank with iron supporting brackets.

Please view video for information purposes here: _https_www.youtube.com/watch?v=g6gBiqozE6E

Note:

The property is registered as Land on the west side of Margaret Street, Liverpool.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.