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A Residential Investment Comprising Twelve Self-Contained Flats. Part Let Producing £74,280 Per Annum
The property comprises a prominent corner building internally arranged to provide twelve self-contained flats over ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Bootle South Recreation Ground are within easy reach. Transport links are provided by Bank Hall rail station.
Accommodation
Ground Floor Five Studio Flats (each with En-Suite and Kitchenette) Laundry Room First Floor Four Studio Flats (each with En-Suite and Kitchenette) Second Floor Three Studio Flats (each with En-Suite and Kitchenette)
Exterior
The property benefits from communal courtyard.
Tenancy
Each flat is subject to an Assured Shorthold Tenancy. Please refer to the legal pack for full copies of the tenancy agreements.
Current Rent Reserved
Current Rent Reserved £74,280 per annum
We understand that the property was converted into flats without the correct planning permission however they were converted more than 10 years ago and are have separate council tax therefore may qualify for established use
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.