199-201 Lord Street, Southport, Merseyside
£133.74 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,430 sq ft
226 sq m
- SECTOR
Mixed use property for sale
Key features
- Self-contained and substantial ground floor former restaurant, extending to approximately 2,430 sqft NIA, available let at £18,000 per annum.
- Upper floors comprising of four self-contained part let flats currently producing approximately £13,920 per annum.
- Flat 2 and 4 are currently vacant and undergoing refurbishment, ready to market To Let.
- Prominent Lord Street location.
- Sold subject to and with the benefit of residential tenants, wholly unaffected by the sale.
- Ground floor and Upper Floors are on a separate title.
Description
To the ground floor and part basement, this provides a former restaurant unit, with glazed frontage to Lord Street.
The internal specification includes suspended ceiling to the primary ground floor open plan area together with a mezzanine seating area and WC facilities to the rear, below which are further seating and commercial kitchen areas to the lower ground floor/basement, with rear access.
The first second and third floors provides four self-contained flats accessed via a separate private entrance. The flats are partly let and currently generate a combined rental income of £13,920 per annum, with Flat 1 producing £550 pcm and Flat 3 achieving £600 pcm. Flats 2 and 4 are currently vacant and undergoing refurbishment ready to
remarket, providing scope for further income generation.
Brochures
199-201 Lord Street, Southport, Merseyside
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southport Station0.3 miles
- Birkdale Station0.9 miles
- Meols Cop Station1.4 miles
Notes
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