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Bridge Grove, Southport

Key features

  • 4 Retail Units
  • 1 Flat let Plus 1 Shop
  • Refurbishment to No. 11 Required
  • Great Potential
  • Freehold
  • Take a closer look!
  • 11a Council Tax Band A - Sefton Council

Description

For Sale by Private Treaty, 2 & 4 St James Street and 9,9a & 11 Bridge Grove - Freehold Investment Opportunity.

What an opportunity of 4 retail shops (one let) and one 3 bedroom flat (11a) let on an AST at £8100 per annum (last rent increase for the flat March 2023). The empty units being 2 St James Street and 9 &11 Bridge Grove comprised of one retail unit, one hot food takeaway and cafe. No. 11 requires complete refurbishment and offers the option to form a flat on the first and second floor.

Number 4 St James Street is let out comprising as retail unit to the Ground Floor and vacant flat above (requires modernisation). The tenant is at present negotiating with our client for a new lease for 10 years with reviews every third year. They have indicated that as they do not use the flat above they would consider handing this back to a new owner. Once all let and refurbished they will provide a good annual income.

The premises occupy a prominent corner position on the edge of Southport Town Centre.

NB: The tenant in Number 4 St James Street has agreed to rent Number 2 St James Street for a period of 10 years (£6250 per annum) along with a renewal of the lease on Number 4 (£8700 per annum).

9 Bridge Street - Vacant (Renovation Required, Double Unit)
Frontage 18' x 31' depth
Frontage 9'6" x 22'8" depth
Toilet 6'10" x 2'7" & Toilet 2 4'8" x 4'5"
Kitchen Area 9'8" x 5'3"
Stairs to First Floor
Front Room 18'7" x 14'9"
Door to Terrace giving access to additional accommodation over No. 11 Bridge Street
Stairs to 2nd Floor 19'2" x 14'9"
Rear Area

11 Bridge Street - Take Away - Vacant
Frontage 12'9" x 14'8" Width = 187 sq.ft.
Kitchen 16'2" x 5'10" plus 4'7" x 4' plus 3'6" x 2'9" = 122 sq.ft.

11A Bridge Street - Flat Comprising
Three Bedrooms
Kitchen/Diner
Lounge, Bathroom, WC.

Brochures

Bridge Grove, SouthportBrochure
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Bridge Grove, Southport

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About Main & Main, Heald Green

198 Finney Lane, Heald Green, Cheadle, SK8 3QA
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Main and Main are Independent Estate Agents in South Manchester. Established in 1961, we pride ourselves on service and professionalism.

We sell properties mainly across South Manchester and parts of Cheshire. We offer a wide ranges of services listed below.

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Disclaimer - Property reference 33428325. 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 Main & Main, Heald Green. 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.

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