Daniel House (Residential Parts) 31 Trinity Road Bootle Merseyside L20 3RG

Daniel House (Residential Parts)
31 Trinity Road
Bootle
Merseyside
L20 3RG

Virtual Freehold Residential Ground Rent Investment

Comprises 168 flats, roof top (including any service media exclusively serving each flat) and the common parts.
Forms part of a large mixed use commercial & residential property
Prominent corner location close to Bootle Oriel Road Station & Bootle Town Centre

Lot
4
Auction
13th December 2021
Rent
£33,800 per Annum Exclusive
Status
Sold
Price
£350,000
Auction Venue
Live Streamed Auction
On behalf of Administrators

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Virtual Freehold Residential Ground Rent Investment

Comprises 168 flats, roof top (including any service media exclusively serving each flat) and the common parts.
Forms part of a large mixed use commercial & residential property
Prominent corner location close to Bootle Oriel Road Station & Bootle Town Centre

Lot 4
Auction 13th December 2021
Rent £33,800 per Annum Exclusive
Status Sold
Price £350,000
Sector
Ground Rent
Auction Venue
Live Streamed Auction
On behalf of Administrators

Property Information

Location

Miles: 2 miles north of Liverpool
Roads: A565, A5058, A59
Rail: Bootle New Strand Train Station,; Bootle Oriel Road Train Station
Air: Liverpool John Lennon Airport

Situation

The property is prominently situated on the corner of Trinity Road, St Albans Road and Stanley Road in Bootle, approximately 2 miles north of Liverpool City Centre and a 5 minute walk from Bootle Oriel Road Station and The New Strand Shopping Centre.

Tenure

Virtual Freehold. Virtual Freehold 999 years from completion of the sale at nil rent. On completion of the Sale, the Freehold of the Property may be available for purchase for a nominal sum.

Location

Miles: 2 miles north of Liverpool
Roads: A565, A5058, A59
Rail: Bootle New Strand Train Station,; Bootle Oriel Road Train Station
Air: Liverpool John Lennon Airport

Situation

Tenure

Virtual Freehold. Virtual Freehold 999 years from completion of the sale at nil rent. On completion of the Sale, the Freehold of the Property may be available for purchase for a nominal sum.

Description

The property comprises the residential part of the estate which will include 168 flats, the roof top & common parts spread over 14 floors, outlined orange on the plan. The part outlined blue on the plan is being offered as lot 5 in the auction.

Note

This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

Please see the legal pack at www.acuitus.co.uk

Description

Note

Completion Period

Six Week Completion

EPC

Please see the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Tenant	Term	Rent p.a.x
Various	Residential - 168 Flats	VARIOUS (see legal pack)	Majority let for 250 years from 01/02/2016 (see legal pack)	Each let at £200, subject to 5 yearly RPI increases
Roof Top		INVESTMENTS DANIEL HOUSE LIMITED	250 years from 01/02/2016	£200
Basement, Ground, Floors 1-14 and floor 14 mezzanine	Common Parts	Daniel House Refurbishment LLP (in liquidation)	999 years from 31/07/2015	Peppercorn
Total				£33,800

N.B. Relevant Notices have been served on the qualifying tenants under Section 5 & 5B of the Landlord and Tenant Act 1987
(as amended). As regards the tenancy notices that have been served, a note as to status is included within the legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.