£130,000 For Sale

94/94A Eastbank Street, Southport, PR8

Key Features

  • Mixed used Investment Opportunity
  • Ground Floor Retail Unit, First Floor Apartment & Rear Store
  • Fully Let & Currently Producing Approx £12,300 per annum
  • Southport Town Centre Location

Mid terrace property located to a parade of commercial operators. The ground floor provides retail lock up premises currently arranged and occupied as a trading hair salon. There is separate access to the first floor self contained residential accommodation, which provides a one bedroom flat. Furthermore there are self contained lock up premises to the lower level rear of the property accessed from Riding Street, which is currently utilized as a dog groomers. The property will be sold subject to the following tenancies: 94 Eastbank Street: We understand the existing tenants occupy by way of a 3 year lease from October 2017 and we are verbally advised the rental is in the order of £5,040 per annum exclusive. 94a Eastbank Street: We are verbally advised the residential tenant occupies by way of an AST agreement at an annual rental of £4,920 (£410pcm) from January 2018. Rear of 94 Eastbank Street: We understand the current tenant occupies by way of a one year lease from May 2017 at an annual rental of £2,400 exclusive.
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