LONG LEASEHOLD RETAIL INVESTMENT – PRODUCING £13,000 PA

Description: Only inspected externally but understood to comprise a double fronted ground floor self-contained retail unit, currently trading as a florist. Accommodation: We have undertaken internet research and the VOA list the property as “shop and premises” with the ground floor providing: - Sales 59.1 m2 Store 15.2 m2 Total NIA – 74.3 m2 / 800 sqft Tenancy The property is currently let to a florist by way of an occupational lease of 10 years from 8th November 2019 at a current rent of £13,000 pa subject to a break clause and rent review at year 5 (2024). Location Situated on the south side of St John’s Road close to the junction with Crosby Road North (A565) in the centre of Waterloo approximately 5 miles north of Liverpool City Centre. Tenure: long Leasehold Title number: MS371525 Length of Lease/Term: 999 years from 11 April 1995 Ground Rent : peppercorn Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Sefton Council

Solicitors

Irwin Mitchell, Ref: Irwin Mitchell

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

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