Lot 18 - Wednesday 8th December 2021 -185-187 Linacre Road, Liverpool, Merseyside, L21 8JS

For Sale by Online Auction 8th December 2021





WHY BUY?



Redevelopment Opportunity

Large Corner Property

Commercial Unit

2 x Upper Floors



DESCRIPTION

Mixed Use commercial development opportunity on Linacre Road in L21. The property offers a retail unit to the ground floor, with vacant upper floors requiring a scheme of re-development works. Sold with vacant possession the property has until recently, been used as a Bargain Store retailer. Following works, the building has the potential to gain rental income in excess of £16,000pa and will increase in capital value. There is a large space at the rear for storage or further re-development.



LOCATION

The property is situated on Linacre Road (A567) in Litherland, one of the main routes in/out of Liverpool city centre.  Linacre Road offers a variety of local retailers including hair salons, cafes/takeaways and local retail shops. Litherland is situated approximately 4.5 miles to the north of Liverpool city centre, 2 miles to the southeast of Crosby and 2 miles to the north of Bootle.





ACCOMMODATION



Front Commercial Unit: Shop floor area with counter, cloakroom and kitchenette

First Floor: Storage areas with development potential (subject to Planning)

Second Floor: Storage areas with development potential (subject to Planning)

Outside: Large yards 



TENURE

Freehold

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.