Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity occupying a prominent pitch in the centre of Southport.
Arranged across ground floor only, the property is let to Silcock Leisure Group Limited on a five year lease expiring 28/09/2026 and paying £23,000 per annum.
The property may benefit from asset management potential via extension/renewal of the existing lease and improvement of the annual rent.
The property occupies a prominent pitch in the historic centre of Southport. The street benefits from high footfall and is characterised by a mix of local and national retailers and restaurants. Nearby occupiers include Caffe Nero, Prezzo, and HSBC.
Tenure
Leasehold - New 999 Year Lease - Please See Legal Pack
Tenancy
The property is let to Silcock Leisure Group Limited on a five year lease expiring 28/09/2026 and paying £23,000 per annum.
The lease is on effective full repairing and insuring terms and includes no break options.
Silcock Leisure Group Limited
D&B Rating - 2A1
Total Assets - £5.08m
Tangible Net Worth - £3.67m
Rent