The subject property is a mid-terraced, two-storey property, which has a self-contained retail unit to the ground floor, complete with WC and kitchen, which is let on a flexible and informal basis to a dog groomers who pay £6,240 per annum. Access to the side of the property leads to a rear garden area, together with access to the ground floor one-bedroom flat and also separate entrance to the first floor two-bedroom property, the ground floor property is currently let at £411.66 per month. The first floor is occupied by a longstanding tenant who pays £408.45 per month/£4,901.40 per annum. Please note that on or before completion, the first floor tenant would be granted a new 9 or 12-month Assured Shorthold Tenancy Agreement at the existing rental, the ground floor flat a 6 month lease and 9 month option for the shop.
Upper Aughton Road is a busy local neighbourhood parade comprising a variety of retail, bookmaker, chemist and takeaway operators. In an established and dense, primarily residential location in Birkdale, Southport, being well-positioned and close to the popular village of Birkdale and the associated railway station connecting Liverpool to Southport.
- Mixed use investment property.
- Comprising self-contained retail unit.
- Ground floor - one-bedroom self-contained flat
- First floor - two bedroom flat
- Existing tenants wholly unaffected by the sale
- Total income when fully let approximately £16081.32 per annum.