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Modern 1 bed Apartment property

Available

For Sale

Listed May 17, 2024

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£105,000

Available

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Description

" **A FANTASTIC INVESTMENT OPPORTUNITY WITH GUARANTEED INCOME**

Sutton Kersh are pleased to offer to the market this one bedroom apartment situated on Hatton Garden, in Liverpool city centre. In brief, the property comprises open plan living room with modern kitchen, one double bedroom, contemporary bathroomWC and a secure allocated parking space. The apartment is within the building of Premier Apartments, a serviced apartment company, who offer short-term and long term lets and would make an ideal investment for someone looking for hassle free guaranteed income. The apartment is held on a long lease of 125 years with a 15 year leaseback agreement to Premier Apartments. The agreement includes a 10 year break clause which has now passed.

Under the lease terms a prospective buyer may cancel the current agreement with Premier Group with

**A FANTASTIC INVESTMENT OPPORTUNITY WITH GUARANTEED INCOME**

Sutton Kersh are pleased to offer to the market this one bedroom apartment situated on Hatton Garden, in Liverpool city centre. In brief, the property comprises open plan living room with modern kitchen, one double bedroom, contemporary bathroomWC and a secure allocated parking space. The apartment is within the building of Premier Apartments, a serviced apartment company, who offer short-term and long term lets and would make an ideal investment for someone looking for hassle free guaranteed income. The apartment is held on a long lease of 125 years with a 15 year leaseback agreement to Premier Apartments. The agreement includes a 10 year break clause which has now passed.

Under the lease terms a prospective buyer may cancel the current agreement with Premier Group with 6 months‘ notice and may renegotiate terms with Premier Apartments or Let with another entity. The owner currently receives a gross annual payment of £7,812. There is a 5% deduction to a sinking fund for replacement of furniture etc which Premier Manage. Viewing advised.

"