Residential Property Merseyside CH41 £400-£425,000

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Auction date: Wed, 25/05/2022 - 12:00

This is a large corner property that is configured to provide a fully trading public house as well as residential accommodation to the upper floors. The whole building has been recently refurbished to a high standard, in line with fire and safety regulations. The public House is on a 10-year lease with approximately 9yrs remaining at rent of £500per week/£24,000pa. The residential accommodation is accessed through a separate side entrance and spread over the first and second floors. There are 10 x lettable bedrooms, 2 x kitchens, 2 x large bathrooms with shared facilities. The property benefits from a full 10 Bed HMO licence, is mostly furnished and 8 out of the 10 rooms tenanted.  If each room was let at £90pppw the potential income for the residential accommodation would be £46,800pa.  Added to the income from the bar would total in excess of £70,000pa. T

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