Catalogue out for Eddisons sale
Eddisons' next auction in Manchester on 19 June will contain 82 lots.
Stock includes a portfolio of seven tenanted apartments in Aigburth Vale, Liverpool offered on the instructions of joint LPA receivers at a guide price of £400,000-plus. The portfolio currently generates annual rental income of £52,500, a potential return of over 13%.
The catalogue includes a mixed-use property in Gorton, Manchester which comprises two adjoining shops with four bedsits in the upper floors, providing an annual income of £31,040. In the first instance they will be offered as one lot at a guide price of £210,000, a potential return of over 14%.
Elsewhere, a substantial partly let retail and residential property in the centre of Blackpool currently producing annual income of £19,240, which could increase to over £32,000 when fully let, is also up for sale.
The property on Cocker Street contains two ground floor retail units and three self-contained flats to the upper floors. It is being offered on the instructions of joint LPA receivers at a guide price of £135,000 plus.
Guide prices for residential stock start at £15,000, which includes a tenanted one bedroom flat in Bolton. The property on Cecilia Court South produces annual income of £3,000, a potential return of 20%.
The sale takes place on 19 June at the Premier Inn, Trafford Park, Manchester starting at 12.30pm.
