£300,000 For Sale

2a & 2b Riding Street, Southport, PR8

Key Features

  • Mixed Use Property
  • 2A Riding Street - Vacant Offices & Stores over Three Floors, Providing Approximately 1,350 Square Feet NIA - Offered with Vacant Possession.
  • 2B Riding Street - 3 Self-Contained One Bedroom Flats - Let on Assured Shorthold Tenancy Agreements and Producing a Total Income of Approximately £15,240 Per Annum.
  • Vendors Would Give Consideration to Individual Sales of 2A or 2B
  • Substantial Property Close to Southport Town Centre, just off EastBank Street.

2A Riding Street (Marlborough House) A semi-detached property arranged into offices and stores constructed over three floors with tarmac parking area to the front. Offered with vacant possession, the property also offers clear scope for residential conversion, as with 2B Riding Street, into 3 self-contained flats - subject to all the necessary consents. 2B Riding Street Provides 3 self-contained one bedroom flats, all let on assured shorthold tenancies producing approximately £15,240 per annum. Each flat is separately assessed for Council Tax, has a card payment system for independent gas consumption for central heating. Electricity is paid by the landlord but recovered by way of coin meters within each flat. Water rates are payable by the landlord. Ground floor: £450 per calendar month First floor: £395 per calendar month Second floor: £425 per calendar month Each flat is also allocated 1 car parking space to the front of the property. Rent/Price: £300,000 subject to contract. The vendor may also consider individual sales in the sum of: 2A Riding Street: £140,000 Subject to Contrat 2B Riding Street: £160,000 Subject to Contract
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