73 The Promenade, Southport, PR9

The property comprises a substantial and imposing period building which has been converted to provide 11 self-contained residential apartments, together with communal entrance and circulation areas and off-road parking.

The apartments provide a range of spacious residential accommodation throughout the building. Reflecting the scale and original proportions of the property, the majority provide flexible three to four-bedroom accommodation, with certain rooms capable of use either as bedrooms or additional reception rooms depending upon individual tenants' requirements. Flat 2A, situated at ground-floor level, provides one-bedroom accommodation.

The property's prominent position on The Promenade provides attractive aspects across the surrounding waterfront, with a number of apartments enjoying views towards Marine Lake.

The property is substantially income producing, with 10 of the 11 apartments presently occupied, Flat 10 being the only apartment currently vacant.

As might reasonably be anticipated with a substantial period residential property of this nature, elements of the accommodation and communal areas would benefit from ongoing decorative improvement and updating. This provides an incoming purchaser with the opportunity to undertake improvements progressively as individual apartments naturally become vacant, enhancing their presentation and potentially improving future letting performance.

Flat 10 provides the most immediate opportunity in this regard and is presently vacant pending refurbishment.