Auction Property House 

Eldred Road, Liverpool

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Features

  • Auction date: 24th & 25th July 2019
  • Mixed use premises
  • Retail premises to front & Five-bedroom end terrace house
  • Residential house offers potential to be a HMO or converted to flats (STP)
  • Small garden, detached double garage & off-street parking
  • GF retail premises let to a French patisserie ‘Artisane’
  • Current income £300 pw (£15,600 pa)
  • Lots of potential to add capital value
  • Popular residential location
  • Freehold

Quick Details

5 Bedrooms2 Receptions2 Bathrooms

Address

1 Eldred RoadLiverpoolMerseysideL16 8NZ
Details
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Property Details

•For Sale by Online Auction – 24th & 25th July 2019
•Guide Price: £390,000 – £410,000
•Spacious mixed-use property including retail shop & large end terrace house
•Partially let: Retail shop income £300 pw (£15,600 pa) with additional opportunity to add value or additional income with the residential accommodation
•Freehold

•For Sale by Online Auction – 24th & 25th July 2019
•Guide Price: £390,000 - £410,000
•1 Eldred Road, Liverpool, L16 8NZ & 263 Woolton Road, Liverpool, L16 8NA
•Spacious mixed-use property including retail shop & large end terrace house
•Partially let: Retail shop income £300 pw (£15,600 pa) with additional opportunity to add value or additional income with the residential accommodation


This spacious mixed-use property is located within a popular and highly desirable residential location, benefitting from two separate addresses and located in a corner position fronting both Woolton Road and Eldred Road.

Enjoying totally separate access, the commercial premises are located to the ground floor and front Woolton Road. The shop is leased to a French patisserie ‘Artisane’. The shop is refurbished to a high standard and is an established café within the area enjoying lots of passing footfall.

The residential premises are accessed from Eldred road, the property is a delightful double fronted end terrace property offering spacious accommodation over two floors.

The accommodation includes; a fitted kitchen, two spacious reception rooms, utility, and shower room to the ground floor. To the first floor there are five bedrooms, a shower room and an additional WC.

The property is neutrally decorated throughout and of a reasonable standard internally and externally.

The property enjoys driveway parking for two cars, a small private garden/ patio area and a detached double garage.

Accommodation

GF total – 51.62 Sq. M (555 Sq. Ft)
FF total – 96.73 Sq. M (1041 Sq. Ft)
House total – 148 Sq. M (1,593 Sq Ft)

Retail shop and premises total – 32.5 Sq. M (349 Sq. Ft) – taken from VOA
Please note all measurements are approximate.

Services

We understand the property to have mains gas, electricity, water and drainage.

Tenure

Freehold

Investment Analysis

The property is currently part occupied, the retail premises are let to ‘Artisane’ a French patisserie for £300 pw (£15,600 pa), the café is well established within the area and the tenants have been in situ since 2012. The occupants are on a periodic tenancy.

The house is currently unoccupied however would be suitable for a variety of uses and offers great potential to add capital value.

Subject to the necessary planning permissions the property could be utilised as a 5/6 bedroom HMO, converted into flats or the retail portion of the property could be extended across the ground floor to create a larger trading establishment, with flats or owners accommodation to the first floor.

Council Tax and Rates

The house is rated in Council Tax Band D. Council Tax payable (2019/20) is approximately £1,949.

The retail premises have a current rateable value of £7,700 pa.
We would advise all parties to make their own enquiries.

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