24-26 Eastbank Street & 2-6 Princes Street, Southport, Merseyside, PR8 1EZ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Tuesday 25 November
- High Yielding Mixed Use Investment
- Three Retail Units with Six Flats to the Rear & Upper Parts
- Fully Let to Nine Separate Tenants
- Six Tenants Holding Over - Asset Management Potential Via Renewal
- Prominent Corner Pitch
- Investment Let at £98,088 p.a. (13% GIY on Guide Price)
Description
StrapLine
Auction Sale - 24/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteHigh Yielding Mixed Use Investment Opportunity Occupying a Prominent Corner Pitch
Three Retail Units with Six Flats to the Upper Parts Fully Let to Nine Tenants and Offering a Number of Asset Management Opportunities
Investment Let at £98,088 per annum
Description
The property comprises a high yielding, mixed-use, investment opportunity occupying a prominent corner pitch in Southport.
Arranged as three ground floor retail units with five flats to the upper parts plus a rear maisonette, the property is fully let to nine tenants on separate leases producing a total £98,088 per annum.
We consider the property benefits from asset management via renewal of a number of leases with six tenants currently holding over.
The property occupies a prominent corner pitch in the retailing heart of Southport. The properties therefore benefit from excellent footfall with the surrounding area characterised by a number of national occupiers including Betfred, Specsavers, KFC and Costa.
Tenancy
Please see the Tenancy Schedule and legal pack for more information.
24-26 Eastbank Street & 2-6 Princes Street, Southport, Merseyside, PR8 1EZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southport Station0.2 miles
- Birkdale Station0.9 miles
- Meols Cop Station1.3 miles
Notes
Disclaimer - Property reference 197-19324. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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