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Venmore Auctions · 21 Oct 2026 · in 2 days

A rare opportunity to acquire a row of vacant garages with lapsed planning permission for the construction of two residential properties.

Garages & Workshop At 112-114 Gray Street, Bootle, L20 4PR · North West

LiveOtherLeaseholdVacant

A rare opportunity to acquire a row of vacant garages with lapsed planning permission for the construction of two residential properties.
Guide
£55,000
Rent a year
≈£3,800est.
Yield on the guide
≈6.9%est.
Payback
≈15 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Venmore Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Venmore Auctions' record

Venmore Auctions' results: included with access, £49 a month. Start with a free account.

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About the lot

Leasehold commercial lot in Bootle. Offered vacant, so there's no income from day one.

FOR SALE BY ONLINE AUCTION 21ST OCTOBER 2026: A rare opportunity to acquire a row of vacant garages with lapsed planning permission for the construction of two residential properties. Planning reference DC/2020/00772 granted permission for a three-bedroom and a two-bedroom home to be built on the site. LOCATION: Located in the established L20 area, the property benefits from a fantastic variety of amenities including shopping facilities, pubs, restaurants and excellent transport facilities. Tenure: Leasehold

Figures come from Venmore Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.