Get brand editions for Ball & Percival, Southport

Commercial Property for sale

Lord Street

£500,000

Property Description

Key features

  • ?Fully developed mixed use investment
  • ?5 newly developed residential apartments
  • ?Central Southport location
  • ?A potential residential income of £24,000pa
  • ?Commercial retail generating £30,000pa rising to £34,500pa
  • ?Residential development accessed from Hulme Street

Full description

The property is located on Lord Street in the heart of Southport Town Centre. Southport is a popular residential and regional retail location. Surrounding occupiers include cafes, opticians, travel agents and coffee shops. A mid-terrace attractive Grade II property. There is an established ground floor retailer and a newly developed residential scheme above. The ground floor is tenanted producing £30,000 p.a. increasing to £34,500 p.a. in November 2017. It is held by way of a 10 year lease and let to an established independent retailer from November 2012. The tenant has an option to break on the 5th anniversary of the lease subject to 6 months prior written notice. The upper floors have just been fully redeveloped providing 2 x studios, 2 x 1 bedroom apartments and 1 x large penthouse. Each apartment benefits from new bathrooms or shower rooms, kitchens and heating systems. The apartments have secure intercom access with independent entry from Hulme Street. The upper floor apartments have an estimated rental value of £24,000 p.a.


Ground Floor - Zone A 
315 SQ FT29.28 SQ M

Ground Floor - Zone B 
279 SQ FT25.87 SQ M

Remaining Retail Zone 
436 SQ FT40.53 SQ M

Additional Information 
Terms: The upper floor apartments are vacant and ready to let. The ground floor unit is let for 10 years from 21st November 2012. Price: Offers are sought in the region of £550,000. Business Rates: The ground floor retail has a rateable value of £33,000. VAT & Legal Costs: Each party to be responsible for their own legal costs. Viewing: All viewing arrangements are to be made strictly through the agent on 0151 243 5325

More information from this agent

Nearest stations

  • Southport (0.3 mi)
  • Birkdale (0.9 mi)
  • Meols Cop (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ball & Percival, Southport

132, Lord Street, Southport, PR9 0AE

01704 633053 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Southport (0.3 mi)
  • Birkdale (0.9 mi)
  • Meols Cop (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ball & Percival, Southport

132, Lord Street, Southport, PR9 0AE

01704 633053 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6448399. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ball & Percival, Southport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.