Auction House London

Lot 46

 

74 Lawrence Road

Liverpool, Merseyside, L15 0EG

Withdrawn Prior to Auction.

A Freehold Commercial & Ground Rent Investment Producing £5,560 per annum

Description

The property comprises a ground floor lock up shop situated within a mid terrace building with a first and second floor flat (sold off) above arranged over ground and two upper floors. The shop benefits from steel roller shutters.

Location

Fronting Lawrence Road on a busy main road position off Gainsborough Road approximately three miles from Liverpool City Centre.

Exterior

The property benefits from a rear yard.

Tenure (2nd Column)

Freehold

Viewing Details

Please refer

Bold Black Text

Current Rent Reserved £5,560 per annum

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground & Basement Shop - Main sales area, rear room, WC. Let as a hairdressing salon on a FRI Lease for a term of 10 years from 26th June 2014 at a rent of £450 per month. Rent Reviews every 3 years £5,400 p.a.
Flat First & Second Not Inspected Leasehold. The property is sold off on a 125 year lease from 27th July 2007 (thus approximately 118 years unexpired). £160 p.a.

Joint Agent

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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