A Second Floor One Bedroom Flat Subject to a Corporate Let Producing £9,600 Per Annum

The property comprises a second floor one bedroom flat with lift access and secure intercom entry. The flat is situated within a Grade II listed building arranged over ground and five upper floors. The building has recently been comprehensively restored internally and externally and is operated by a serviced apartment provider with concierge.

Tenure

Leasehold. The property is held on a 500 year lease from 31st March 2016 (thus approximately 491 years unexpired).

Location

Situated in the commercial district of the city centre, close to shops, restaurants, bars, tourist attractions and other amenities, including Liverpool One and Liverpool Waterfront. Transport links are provided by James Street rail station within walking distance, as well as major road and sea links.

Accommodation

Second Floor Reception Room Kitchen Bedroom Bathroom

Tenancy

The property is subject to a corporate let (let back to the freeholder: a serviced apartment operator) at a rent of £800 per calendar month until 31st July 2025, there are no arrears.

Gross Yield 16%

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.