£155,000 Under Offer

Devonshire Road, Southport, PR9

Key Features

  • Conversion of Existing Social Club into Eight Apartments Providing a Combination of One Bed Flats and Studios
  • Telecoms Mass Rental Income £7,000 Per Annum, 9 Years Unexpired
  • No VAT on Purchase Price
  • Freehold
  • Freehold

31a Devonshire Road - Devonshire Social Club Substantial former social club, whereby the extensions to the North of the property have been demolished and the telecoms mast already relocated, in order to make space for the proposed pair of new build semi-detached dwellings. The remaining social club will be converted to include a new floor to maximise the large roof space, to provide eight residential apartments offering a combination of one bed and studios. Planning: Conversion of the existing social club - DC/2015/01119 Telecommunications Mast The site also benefits from the rental income from a telecoms mast let to O2 at an annual rental of £7,000 per annum by way of a 10 year lease from 2017. A copy of this lease is available on request. Following the demolition of the social club outbuildings and relocation of the telecoms mast the vendors have requested written confirmation from Sefton MBC that their applications have now commenced.
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