Excellent chance to invest in great deals

Aug 27 2008 by Tony McDonough, Liverpool Daily Post

SUTTON Kersh is holding its fifth auction of 2008 early next month with 71 lots going under the hammer.

The range includes a mix of residential, commercial and redevelopment investment opportunities.

Taking place on September 4 at the Marriott Hotel in Liverpool, the auction will commence with 144 Chatham Street.

The building is located in the Georgian Quarter in Liverpool city centre and is only a few minutes’ walk from the Liverpool University campus.

Highlighted as a good development opportunity, the vacant four-storey Georgian terrace has the potential for four or five bedrooms. It is in need of modernisation and has a guide of £175,000 plus.

Lot 29 is a redevelopment opportunity situated on the corner of Jordan Street and Newhall Street in the city centre.

The property comprises a former two-storey workshop that has suffered fire damage and requires a full refurbishment.

The gross extended area of the premises is approximately 2,900 sq ft. It has a guide price of £50,000.

636 Longmoor Lane is situated in a busy neighbourhood retail parade. Highlighted as a good residential and commercial investment the premises comprise a ground-floor shop and self-contained first-floor living accommodation with two bedrooms.

The building also benefits from a rear yard and it has a guide price of £120-£130,000.

Sutton Kersh has reported increased levels of activity in the auction build-up.

Director James Kersh said: “There are some excellent investment and redevelopment opportunities in the catalogue with very reasonable guide prices and there are some great deals to be had. We have received many viewing requests and this is definitely the busiest auction we have had for a while.

“We have already sold a few lots pre-auction and I am hoping that this is a sign that things are starting to pick up in the market.”

tonymcdonough