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Retail Property (high street) for sale

5 & 5A Bury Road, Southport, PR8

Removed £195,000
2,431 sq. ft.

Property Description

Commercial information

  • 2,431 sq ft (225 sq m)

Key features

  • Established Retail and Off License Business and Property For Sale
  • Scope to Extend the Retail Space
  • Suitable for Alternative Uses Subject to Necessary Consents
  • Separate 3 Bedroom Flat/Maisonette Currently Let on AST Producing 570 PCM - Existing Tenant Unaffected By The Sale
  • On Site Parking
  • No VAT on Purchase Price

Full description

Block paved parking areas are provided off both Bury Road and Matlock Road providing parking for an estimated 5/6 cars.
The shop area has many original fittings and we believe offers scope to extend the trading areas into the substantial store areas behind, as well as offering alternative use potential, subject to all the necessary consents.
The property is colloquially well known as an off licence, offering a variety of short date beers, in addition to serving the substantial community immediately around the property.
The vendors are looking to sell the property and business, with a price for the stock to be agreed, but at valuation/cost.
Off Bury Road there is a separate entrance to a 3 bed flat/maisonette.
We understand the property is occupied by way of an Assured Shorthold Tenancy Agreement at a monthly rental of £570 pcm.
The property is to be sold with the benefit of this tenant in situ.
Please also note we understand there is no sub meter for the residential accommodation, therefore we are advised they pay a contribution towards the vendors costs.

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