Leicester Street

Sutton Kersh prepares for biggest sale in four years

Merseyside auctioneer Sutton Kersh will offer 110 lots at its sale on Thursday 12 July, its largest catalogue since 2008.

Amongst the lots on offer is a portfolio of commercial investments for which Sutton Kersh is acting as joint agent alongside Mason Owen. The portfolio comprises a mix of retail and commercial investments and a telecoms mast let to Vodafone on a 15-year lease for £9,000 a year.

The premises at 19 and 21 Williamson Street in Liverpool city centre comprise two shops currently producing £32,000/year. 21 Williamson Street is let to Cheveux on a five-year lease and 19 Williamson Street is vacant. The units are for sale as a whole and carry a guide price of £400,000+.

The freehold of a substantial town centre retail investment in Northwich, Cheshire will be offered as lot 22. The premises are located at 7, 9, 11-13 and 17-19 Leicester Street and comprise three retail units with ancillary first floor accommodation and a vacant retail premises to the rear of Leicester Street on Weaver Way. The units currently generate a yield of £65,000/year and carry a guide price of £400,000 to £435,000.

James Kersh, director of, Sutton Kersh, said: "This is the biggest catalogue to be offered in Merseyside for over four years. Many of the commercial units we are acting on with Mason Owen offer a guaranteed income and all carry very reasonable guide prices showing attractive returns on investment. There are also many cheap residential investments up for grabs."

The sale will take place on 12 July at the Liverpool city centre Marriot Hotel from 12 noon.

Your Comments

Subscribe to our newsletter