Initial price	£127,500
09/04/23	£105,000
Price Change	-17.65%

This one bedroom apartment in Liverpool city centre offers a fantastic investment opportunity with guaranteed income. The property is situated within the Premier Apartments building, which provides short-term and long-term lettings, and 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 that has now passed, allowing the owner to cancel the current agreement with Premier Group with 6 months' notice and renegotiate terms with Premier Apartments or let with another entity. The owner currently receives a gross annual payment of £7,812, and there is a 5% deduction to a sinking fund for replacement of furniture and other expenses managed by Premier Manage.