Retail Property (High Street)
A freehold investment opportunity comprising retail and office space, offered with an income of £21,200 per annum.
The property also benefits from planning consent for the creation of an additional dwelling to the upper story. Interested parties are advised to see the legal pack and Sefton Council Planning portal DC/2023/00741.
The property comprises a large two storey commercial building, with ground floor
double fronted shop and premises (let to Boots Chemist) and first floor self-contained
offices.
The commercial unit provides open retail space, with suspended ceilings, inset lighting and air-conditioning, thermoplastic tiled floors, and modern aluminium shop frontage,
secured by steel roller shutters, (although only the left hand side has a formal shop
frontage, the right side being blocked off). There are various partitioned areas,
including stock room, consultancy room, staff room and wc.
The shop is let to Boots byway of a 5 year effectively FRI lease from 18/3/24 at a rent of £14,000 pa exclusive.
The main self-contained offices to the first floor are accessed via an independent staircase to the right of the building. They comprise reception area, kitchen/staff
room, bathroom, main open plan office, two private offices and storeroom. The
premises which were evidently a former flat, provide average standard
accommodation, which benefits from mainly carpet floor coverings, gas central
heating, and upvc windows. The main offices are let to a local training agency on a
rolling lease at a rent of £4,800 pa.
The small office forming part of the title and occupied by the solicitors practice next
door was not accessible at the time of our inspection. It extends approximately 14m2, and is let at a rent of £2,400 pa.
The premises have an integrated fire detection system, although we are unable to
verify if it complies with current regulations. To the rear of the property there is an
enclosed yard.
Dimensions
Ground floor retail 6-8 Sefton Rd.
Sale area 138.00 m2
Storage 9.00 m2
WCs
Total Net Internal Area 147.00 m2
Offices 6A Sefton Rd
First floor kitchen 12.11 m2
First floor office 5.30 m2
First floor office 14.65 m2
First floor office 23.9 m2
First floor office 12.22 m2
First floor office 3.91 m2
Storage 1.9 m2
Corridors and circulation 15.00 m2
Total Area IPMS Office 3 89.00 m2
Offices 6A Sefton Rd - forming part of the solicitors.
Estimated area from VOA IPMS Office 3 14.00 m2
The subject property is set within a well-established parade of tertiary commercial
retail properties, anchored by a Spar convenience store, and next door to William Hill
bookmakers. Other occupiers include a hot food takeaway, a cafe bar and solicitor.
There is unrestricted car parking to the front of the shopping parade.
The property is approximately 5 miles north-east of Liverpools Core City Centre.
There are good transport links by train with, Seaforth and Litherland Railway Station
being within walking distance of the premises. There is an abundance of shopping
facilities within proximity of the property, including cafes bars and restaurants, as
well as a good choice of local schools, places of worship and medical centres nearby.
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.
These sales details are awaiting vendor approval.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
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.
