The Walton | 54 Tithebarn St
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The Walton 54 Tithebarn St
4,270 SF 100% Leased Retail Building Liverpool L2 2SR For Sale
Investment Highlights
- Prominent Business Location
- Period Building
- Solid Transport Links
Executive Summary
On behalf of the Administrators, Landwood Group are pleased to invite you to submit an offer for the freehold interest. The Walton comprises a period commercial building originally converted into a mix of commercial and residential accommodation and most recently extended with the construction of a rooftop extension to provide ten new build apartments. The freehold building now comprises of ten substantially complete new build apartments on floors five to seven, with eighteen long leasehold apartments and
two long leasehold commercial units on the ground to fourth floor in the original building. There is also ground and basement level car parking. During the construction of the rooftop extension, a roof leak resulted in water and associated damage to apartments on the floors beneath. Subsequently, following an inspection by Mersey Fire it was found that the residential element of the building was not Statutory Compliant and as a result, it was necessary for all residential occupants to vacate. In light of this non-compliance, essential fire compliance works are required to the communal areas and all apartments prior to occupation. These works are the responsibility of the purchaser.
two long leasehold commercial units on the ground to fourth floor in the original building. There is also ground and basement level car parking. During the construction of the rooftop extension, a roof leak resulted in water and associated damage to apartments on the floors beneath. Subsequently, following an inspection by Mersey Fire it was found that the residential element of the building was not Statutory Compliant and as a result, it was necessary for all residential occupants to vacate. In light of this non-compliance, essential fire compliance works are required to the communal areas and all apartments prior to occupation. These works are the responsibility of the purchaser.
Property Facts
Sale Type
Investment
Sale Condition
Bankruptcy Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,270 SF
Building Class
B
Year Built
1934
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Building FAR
0.02
Land Acres
6.10 AC
Parking
4 Spaces (0.94 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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The Walton | 54 Tithebarn St
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