72 Duke Street, Southport, Merseyside, PR8

Guide price

£150,000

Size

1,017

Tenure

Ask agent

EPC

Ask agent

Parking

Ask agent

Primary use
Mixed use
Other use(s)
Other, Other

Key features

  • Fully let existing commercial and residential tenants unaffected by the sale
  • Established mixed commercial and residential investment
  • Ground floor commercial premises producing £5,700 per annum
  • Self-contained one-bedroom residential accommodation producing £5,400 per annum
  • Total current rental income of £11,100 per annum
  • Guide price reflects a gross initial yield of 7.3%
  • Total approximate floor area 1,017 sq ft (94.5 sq m
  • Prominent position fronting Duke Street
    No VAT anticipated on the purchase price

Description

The property comprises an established mixed-use investment incorporating ground floor commercial premises together with self-contained one-bedroom residential accommodation arranged over ground and first floor levels.

The commercial accommodation is currently occupied as a dog grooming salon and is let at a current rent of £5,700 per annum. The accommodation comprises a principal sales/business area together with rear accommodation and WC facilities.

The residential element has its own separate access and comprises a kitchen at ground floor level, with stairs leading to first floor accommodation providing a living room, double bedroom and bathroom.

Externally, the residential accommodation also benefits from an enclosed paved yard area.

The residential accommodation is currently let at £450 per calendar month, equivalent to £5,400 per annum.

The property therefore produces a combined current rental income of £11,100 per annum and is offered for sale as a fully let mixed-use investment. The existing commercial and residential tenants will be unaffected by the sale and the property is being sold subject to their existing occupational arrangements.

Further information and copies of the relevant occupational documentation are available from the agents upon request.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
Ask agent
Listed building
Ask agent
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

72 Duke Street, Southport, Merseyside, PR8

NEAREST STATIONS

National Rail

Birkdale Station

0.51 miles

National Rail

Southport Station

0.57 miles

National Rail

Meols Cop Station

1.37 miles

Your search history

You have no recent searches

Disclaimer - Property reference 2816FH. 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 Fitton Estates.com, Merseyside/Lancashire. 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.