Property for sale

48/50 Kensington, Liverpool L7

A mixed use investment opportunity producing a rental income of £35,220.00 per annum.

The property comprises of 2 ground floor retail units together with 4 self contained flats to the first and second floors, accessed via a separate front entrance. The property benefits from double glazing, central heating and steel roller shutters.

We are advised the ground floor retail units are let at a rental of £14,400.00.

The flats are all let by way of Assured Shorthold Tenancies producing a rental income of £20,820.00

Situated
Fronting Kensington High Street in a popular and well established location close to local amenities and within walking distance to University of Liverpool, Liverpool John Moores University and Liverpool City Centre.

Ground Floor
48 Kensington - Shop - Main Sales Area, Kitchen, W.C
50 Kensington - Shop - Main Sales Area - Flat 1a - 1 Bed Studio
Main Entrance Hallway

First Floor
Flat 3 - Open Plan Living Room/Kitchen, Shower Room/W.C, Bedroom.
Flat 4 - Open Plan Living Room/Kitchen, 2 Bedrooms, Shower Room/W.C.

Second Floor
Flat 1 - Open Plan Living Room/Kitchen, Bathroom/W.C, Bedroom.
Flat 2 - Open Plan Living Room/Kitchen, Bathroom/W.C, Bedroom.

Outside
Yard to the rear.

EPC Rating
48 Shop - D
50 Shop - E
Flat 1 - D
Flat 2 - D
Flat 3 - C
Flat 4 - C

Council Tax Bands (flats)
A


Get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.