North West’s Largest Independent Estate Agent

Lot 14 - Wednesday 17th February 202110 Childwall Parade, Liverpool, Merseyside, L14 6TT

SOLD £125,000

Legal Pack


For Sale by Online Auction 17th February 2021

WHY BUY?
Prominent corner position
Sold vacant possession
Large ground floor retail unit
2 Bedroom Flat

DESCRIPTION
This is a large mid-terrace property that is configured to provide a large ground floor retail unit and good size two bedroom flat to the upper floors. The property is fully vacant and requires some updating, but does benefit from a prominent corner position in the middle of a parade of busy retails units. The commercial unit has previously been used as a clothes shop and has been partitioned off in parts, but could be brought back to a shell quite easily, and already has a wc and kitchenette located at the back of the property. The flat is fully self-contained and benefits from a private entrance fronting Pilch/Childwall Lane. There are 2 x bedrooms, good size living room, kitchen and bathroom with double glazing and electric heating. If the flat was let at £500pcm and the shop at £1000pcm then the total potential income fully occupied would be £18,000pa.

LOCATION
Located adjacent to popular Pilch lane, this property provides strong footfall for any business within the area. Transport links from Pilch lane provide easy access to the the city centre.

ACCOMMODATION
Ground floor: Retail unit - Shop floor/customer area, 2 x under stair storage, kitchen, wc, 2 x store room, access to small yard & back alley
First floor: Bedroom, living room, bathroom, bedroom, kitchen
Outside: Small yard to rear

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

Stamp Duty Calculator

You will pay
£3,600
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

• if you complete before 31 March 2021, you may be exempt from paying Stamp Duty on the first £500,000 of your property value

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