Lot 2 - 165-173 County Road, Walton, Liverpool, Merseyside, L4 5PB
- Unconditional Online Auction Sale
- Guide Price* : £37,500 plus
- 2 ground floor retail units
- Established and popular location
- Upper floors subject to long lease
ON BEHALF OF THE ADMINISTRATORS: 2 ground floor retail units and basement level plus upper floors sold subject to a long lease therefore not with vacant possession to that part.
Description
*VIEWINGS AVAILABLE UPON REQUEST* The property comprises the freehold to a three storey corner building of traditional brick construction under a pitched tiled roof.
The ground floor is split into 2 retail units, the larger of which is on the corner and a smaller unit fronting County Road. Please note that as the roller shutter was seized up our client has not changed the locks and obtained possession No 173 County Road. It is assumed to be vacant, but interested parties should rely on their own enquiries.
There is a relatively large cellar area that was accessed from the rear, down a ramp is suitable for storage. In addition, there appeared to be a rear storage area that we could not access – there was a door adjacent to the cellar, but it was locked from within, and we cannot confirm what this part comprises.
Whilst the upper floors form part of the sale, please note that these are not vacant and the sale is subject to a long lease for a term of years expiring on 15th March 3008 at a peppercorn rent.
Location
Prominently situated on the junction of Makin Street and County Road (A59), which is one of the main arterial roads into Liverpool centre that link eventually to the M57/M58 motorways approximately 3.5 miles to the north. The subject lies approximately 0.5mile south of the A59’s intersection with Queens Drive(A5058) and County Road is one of the main neighbourhood shopping locations serving the Walton district.
Tenure
Freehold.
Accommodation
The net internal areas of the retail units are as follows (note 173 taken from the Business Rates Valuations by the VOA as we were unable to access this unit).
165 to 169 County Road: 174 sq. m (1,873 sq. ft)
173 County Road: 39 sq. m (420 sq. ft)
Cellar Storage: 178 sq. m (1,916 sq. ft)
Assumed Rear Storage: No Access – from lease plan looks circa 40 sq. m (430 sq. ft)
Tenancies
Sold subject to a long lease in respect of the property’s upper floors and the parts of the ground floor that provide entrances to the flats above, for a term of 16th March 2018 to 15th March 3008 at a peppercorn rent.
EPC
The property's retail units has an energy asset rating of C (165 to 171) and D (173).
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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