Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding, mixed-use, investment opportunity occupying a prominent corner pitch in Southport.
Arranged as three ground floor retail units with five flats to the upper parts plus a rear maisonette, the property is fully let to nine tenants on separate leases producing a total £98,088 per annum.
We consider the property benefits from asset management via renewal of a number of leases with six tenants currently holding over.
The property occupies a prominent corner pitch in the retailing heart of Southport. The properties therefore benefit from excellent footfall with the surrounding area characterised by a number of national occupiers including Betfred, Specsavers, KFC and Costa.
Tenure
Freehold
Tenancy
Please see the Tenancy Schedule and legal pack for more information.
Rent
Notes
NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if you wish to bid on a property with a tenancy. This Act is in force from 1 May 2026. From that date, all assured tenancies in the private rented sector will become rolling (“periodic”) tenancies and the current system of fixed term assured shorthold tenancies will no longer apply. Tenancies signed on or after 1 May 2026 will be subject to the new rules. If you are purchasing a property currently let on an assured shorthold tenancy, the tenancy may no longer operate as described in the tenancy schedule or legal pack if completion falls on or after 1 May 2026. Other changes under the Act also apply. This notice is for your information only and you should take legal advice before bidding and review Government Guidance available at: www.gov.uk/government/publications/guide-to-the-renters-rights-act