Sutton Kersh is to offer 137 lots at its latest Liverpool property auction with the The Banjo, The Salutation and The Crown Vaults all going under the hammer. Tony McDonough reports.
A trio of pubs or former pubs in North Liverpool and Bootle are up for grabs at what will be one of the biggest property auctions in Merseyside this year.
Sutton Kersh is to offer 137 lots at the auction on Thursday, December 15, with the The Banjo, in Bootle, and The Salutation and The Crown Vaults in North Liverpool, all going under the hammer.
The Banjo, lot 31, is located in Queens Road in Bootle and is currently used as a public house and B&B and has a guide price of £130,000.
The Salutation is a three-storey corner property in Walton Road. The property consists of a ground floor public house together with a three-bedroom living accommodation over two floors.
It has a guide price of £100,000 and will be sold with all fixtures and fittings, including four televisions, a 100-inch projector and electric roller shutters.
Lot number 80, The Crown Vaults, is situated in Liverpool at 25 Kirkdale Road.
The property is comprised from a public house and six self-contained studio flats.
The lot has a guide price of £100,000 and when fully let has a potential rental income of £30,000 per annum.
Cathy Holt, associate director at Sutton Kersh, said: “It’s another big auction to end the year with some incredible investment properties both in Merseyside and further afield.
“Sutton Kersh has steadily been widening the area we work in and we are seeing an increasing number of instructions for properties in Lancashire and North Wales.
“The public houses really stand out in the next auction though, because they are not only well known landmarks but offers some great potential.”
The Sutton Kersh auction starts at 12 noon and will take place at the Crowne Plaza Hotel in Liverpool city centre.