Lot 4 - 374 Netherfield Road North, Liverpool, Merseyside, L5 0RQ
- Unconditional Online Auction Sale
- Guide Price* : £230,000
- Former Bank building and Land
- Prominent Location
- Approximately 0.161 hectares (0.398 acres)
- Development Potential STPP
Upon instructions of the Joint Fixed Charge Receivers: Development opportunity comprising a former bank building and adjacent land approximately 0.161 hectares (0.398 acres) which development potential (previously subject to application for 3-6 storey building, creating 49 residential (C3) apartments subject to an Article 40 Disposal)
Description
The property comprises a former bank building, now vacant and in need of refurbishment, together with adjacent land on a site that totals 0.161 hectares (0.398 acres). Prior to the Receivers appointment the property was subject to an planning application to demolish existing structures and erect 3-6 storey building, creating 49 residential (C3) apartments with associated access and car parking under reference 20F/1243. We understand that the permission was to be granted following completion of a Section 106 Agreement. The application is subject to an Article 40 disposal by the local planning authority. The site is considered to have development potential subject to obtaining the necessary consents.
Location
The property is prominently located at the junction of Everton Valley, Kirkdale Road and Netherfield Road. It lies within a residential area less than two miles from Liverpool City Centre. The locality is made up of both apartment blocks and a mixture of housing types.
Tenure
Freehold
Accommodation
Former Bank Building: 185.8 sq. (2,000 sq. ft)
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (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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