Call the team on 0161 830 7477 for more information
Modern Office & Retail Investment Producing Gross Rent £55,000pa
Modern office & retail investment producing gross rent £55,000pa. Uninspected at time of cataloguing. Two storey detached office/retail building fronting onto Coronation Road in Crosby Village approximatley 6 miles north of Liverpool. The property briefly comprises 2 no. self contained retail units together with solicitors office to ground & first floor. Car parking for around 15 vehicles. The property is let to Howard Samuel Norman trading as Black Norman Solicitors on a 15 year lease from 1st October 2004 at a passing rent of £55,000+VAT. Leasehold for a term of 99 years from 1st May 1973. The last noted ground rent is £4,000 subject to rent review on 1st May 2015. We have not been provided with any details of the rent review. Please note, there is a VAT election on this property and the purchase price will therefore attract VAT at the usual rate.
Tenure
To Be Confirmed In Legal Pack
Viewing
Please check Auction House Website for viewing appointments www.auctionhouse.co.uk
Local Authority
Sefton Metropolitan Borough Council
Solicitors
Walker Morris LLP, Kings Court, 12 King Street, LEEDS LS1 2HL, Ref: Owen Ormond, Tel: 0113 283 4546
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 including VAT payable in addition to the Administration Fee
Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.