Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 13 February 2020 at 12:00 pm
Hilton Hotel, 3 Thomas Steers Way, Liverpool L1 8LW
Lot Number : 45
A mixed use commercial investment producing £17,900 per annum. Double glazing. Electric heating. Garage.
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A mixed-use investment opportunity currently fully let producing £17,300 per annum
A two-storey corner property comprising of a ground floor retail unit currently trading as 'Best in Breeds' together with a two apartments accessed by a separate side and rear entrance. (1 x 1 and 1 x 2 bed). The property benefits from double glazing, electric heating, gardens, parking to the front forecourt, driveway and garage to rear.
The ground floor is currently let by way of a 5 year lease producing £6,500 per annum and the two apartments are each let by way of Assured Shorthold Tenancies producing a total of £10,800 per annum.
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.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.