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COMMERCIAL

Coronation Walk, Southport

Guide Price
£650,000
Flexi-Agent, Southport
PROPERTY TYPE

Commercial Property

BEDROOMS

8

BATHROOMS

7

SIZE

4,500 sq ft

418 sq m

Description

***FOR SALE BY AUCTION***

Flexi Agent are proud to promote this EXCELLENT INVESTMENT OPPORTUNITY, currently FULLY LET achieving approximately £88,200 pa annum (current owner pays bills).

This exciting proposition offers a staggering 13.5% gross investment yield at the advertised price & contains a mixture of first, second and third floor apartments and a ground floor office space.

A breakdown of the income can be seen below:

Office Rent: £1500pcm including bills
Apartment 1: £800pcm including bills
Apartment 2: £800pcm including bills
Apartment 3: £900pcm including bills
Apartment 4: £800pcm including bills
Apartment 5: £800pcm including bills
Apartment 6: £800pcm including bills
Apartment 7: £950pcm including bills

The property is split into 7 self contained apartments and a ground floor office.

Each individual unit has been recently FULLY MODERNISED, with significant investment having already been made, completely future proofing the investment for the successful purchaser.

Externally, the property offers a private car park to the rear, which is utilised by the ground floor office.

*********************AVAILABLE NO CHAIN**************************

Viewings available upon request.

Tenure: Freehold

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***The following non-refundable fees apply:***

**Buyer's Fee**

A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.

**4% (plus VAT) of the purchase price.**

The Buyer’s Fee is always subject to a minimum of £4,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..

**Deposit**

On exchange of contracts, you must pay a non-refundable deposit equal to **10% of the actual purchase price of the property**. The deposit contributes towards as part of the purchase price.

Brochures

Coronation Walk, Southport

Coronation Walk, Southport

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southport Station0.4 miles
  • Birkdale Station0.9 miles
  • Meols Cop Station1.5 miles
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About Flexi-Agent, Southport

18 Coronation Walk Southport PR8 1RE

Flexi Agent is one of the area's leading independent estate agents covering the Southport & surrounding area. The company is family owned and run by the two directors Jack & Andrea. Collectively, we have benefitted from over 25 years' experience in Estate & Letting agency.

Having both started their careers in agency, Jack & Andrea very quickly progressed through the ranks from the very bottom, starting as trainee negotiators right through to Directorship roles within highly respected online and corporate propositions throughout the UK & Internationally.

PERSONAL SERVICE, TRANSPARENCY AND FAMILY VALUES.......

The company's ethos is based on family values, professionalism, personal service and pro-activity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 33321288. 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 Flexi-Agent, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Flexi-Agent, Southport on 01704 334643.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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