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Commercial Property for sale

409-411 Lord Street, Southport, Merseyside, PR9

Removed 2,725 sq. ft. | £335,000

Property Description

Commercial information

  • 2,725 sq ft (253 sq m)

Key features

  • Prime Retail Investment to Lord Street Southport
  • Let to Fit For Feet Ltd at a Current Rent Passing of 30,000 per annum exclusive.
  • Net Initial Yield from November 1st 2015 8.55% assuming standard purchaser's costs of 4.8%

Full description

Tenure: Freehold

Prime Retail Investment.
Located to Southport's primary retail Boulevard of Lord Street, this 3 storey retail property has an attractive glazed canopy leading to a predominantly open plan ground floor retail area with kitchen, WC and ancillary storage areas to the rear of the ground floor and upper floors.
The property currently produces £30,000 per annum exclusive by way of a 5 year lease, from November 2015, to Fit For Feet Ltd.
A copy of the lease is available on request.

More information from this agent

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