Vacant Ground Floor Retail Unit of Approximately 1,062 sq ft (98.7 sq m)

Comprising a vacant retail unit arranged on the ground floor of a multi-storey student development of approximately 106 residential apartments. The unit benefits from open-plan layout with exposed concrete floors, blockwork elevations and a boarded frontage. We understand the current uses allow A1 to A5, please see legal pack for further information. Accommodation The Net Internal Floor area measures approximately: 98.7 sq m (1,062 sq ft) Location The property is situated fronting Devon Street and Falklands Street, in the Fabric District of Liverpool's rapidly expanding Knowledge Quarter. Liverpool John Moore’s University lies within close proximity of the property. Tenancy Vacant Tenure The leases will be for 125 years from 30th November 2012 at a fixed rent of £300pa for the Unit 2 and £200pa for Unit 1. Service charge contribution of 7.12% (Unit 2) and 6.05% (Unit 1). Planning We are informed that the current planning permission and the permitted in the Headlease are A1,A3 and A5 Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. 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.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

Liverpool City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 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.