Investment/Develpment Opportunity Merseyside L5 £125,000

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Auction date: Thu, 13/12/2018 - 12:00

A part let investment opportunity currently producing £15,600 per annum. The property comprises of a substantial three storey corner property currently operating as a Public House to the ground floor and let by way of a 10 year lease until April 2028 with no break clause producing £15,600 per annum (inc of VAT). To the first and second floors there is a self-contained flat which benefits from central heating. The flat is in need of repair and modernisation. However, Planning permission has been approved to convert to provide 4 x 1 bedroomed self-contained flats.

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