337 Smithdown Road - Lot 28 on 27/03/24

FOR SALE BY ONLINE AUCTION 27TH MARCH 2024: A large corner mixed-use property in a prime location on Smithdown Road and Gainsborough Road. Set across 3 floors, plus basement, the building provides a shop/retail floor and four self-contained flats. The property is fully let on 2 separate 5 year leases, until March with 2028, bringing a combined income of £24,059.64 per annum. The ground floor of 337 Smithdown Road is leased to an established letting agent. The upper floors are accessed via 2 Gainsborough Road and provide 3 x studio flats and 1 x two bedroom flat, all tenanted. The property is secured by way of roller shutters, has electric heaters and is predominantly double glazed. Outside there is a yard to the rear. Lower Floor: Storage Basement.