Commercial Property for sale409-411 Lord Street, Southport, Merseyside, PR9
Removed 2,725 sq. ft. | £335,000
- 2,725 sq ft (253 sq m)
- 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%
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.
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