24-26 Eastbank Street & 2-6 Princes Street, Southport
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- 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
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.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Brochure
24-26 Eastbank Street & 2-6 Princes Street, Southport
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Disclaimer - Property reference 732649F1-85A1-4F86-A4B4-BFB9D0A092FC. 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 National , Savills Auctions- Commercial. 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.