Prescot Road Liverpool Eddisons

Eddisons February auction catalogue out

The auctioneer has released the list of lots available ahead of its first North West auction of the year later this month.

Lots include a tenanted commercial property in Prescot Road in the Old Swan area of Liverpool, currently producing annual income of £33,200. The guide price is £250,000.

A freehold retail investment in the centre off Barrow generating £68,500 annually is for sale for £240,000.

Elsewhere, a vacant former public house in Oldham with planning permission for the demolition of the existing building and the construction of five houses has a guide of £200,000.

On Twist Lane in Leigh, the former Hilton Arms public house which offers potential for conversion, subject to consents, is available at a guide price of £65,000 to £75,000.

Residential stock includes a tenanted apartment at Bryers Court in Warrington, producing £7,560 in rent each year. The guide is £75,000, a potential return of over 10%. In Burnley a vacant two bedroom terrace is guided at £20,000.

James Worthington, associate director of the Eddisons auction department said: "Our first catalogue of the year offers a wide range of buying opportunities for investors, developers and owner occupiers.

"For vendors, the auction room has consistently proved to be a primary route for the quick disposal for a variety of assets and is a trend which is set to continue."

The auction takes place on 24 February at the Premier Inn, Trafford Park, Manchester starting at 12:30pm.

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