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1-13 Lord Street And 5, 5A, 5B And 7 Duke Street, Southport, Southport, Merseyside, PR8

Guide Price
£1,200,000

£80.85 per sq ft

Business rates & charges may apply

Fitton Estates, Merseyside/Lancashire
SIZE AVAILABLE

14,842 sq ft

1,379 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold multi-let town centre investment
  • Prominent corner block between Lord Street and Duke Street
  • Restaurant and bar accommodation fronting Lord Street
  • Ground Floor Office accommodation at 5 Duke Street
  • 12 self-contained residential flats
  • Diversified income stream across commercial and residential tenants
  • Total current income approximately £129,300 per annum
  • Potential rental growth through active asset management
  • Situated on Lord Street - Southport's principal retail and leisure destination
  • Southports Marine Lake Events Centre (MLEC) regeneration scheme expected to significantly increase visitor numbers and economic activity

Description

Mayfield Mansions comprises a substantial mixed-use corner building arranged over ground and upper floors occupying a prominent position between Lord Street and Duke Street.

The property provides a combination of:

Restaurant accommodation
Bar / leisure premises
Office accommodation
Self-contained residential flats

Lord Street Ground floor units fronting Lord Street comprise restaurant and bar premises benefiting from strong visibility and footfall along Southport's principal leisure boulevard.

Duke Street The property also includes office accommodation at 5 Duke Street, together with access to the residential accommodation.

Residential The upper floors provide a range of self-contained flats collectively known as Mayfield Mansions, together with additional residential units located at 9 Lord Street and 5A and 5B Duke Street.

The residential accommodation is currently let on Assured Shorthold Tenancies.

Data Room: A comprehensive data room will be made available to interested parties including:

Title documentation
Commercial leases
Residential tenancy agreements
EPC certificates
Electrical and gas safety certificates
Fire risk assessment
Asbestos management report Insurance documentation

Brochures

1-13 Lord Street And 5, 5A, 5B And 7 Duke Street, Southport, Southport, Merseyside, PR8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southport Station0.5 miles
  • Birkdale Station0.8 miles
  • Meols Cop Station1.5 miles

About Fitton Estates, Merseyside/Lancashire

47 Hoghton Street, Southport, PR9 0PG

Notes

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