Ground Floor Retail Unit (lease £5040 pa), First Floor Apartment (£4,920 AST) & Rear Store (Lease £2,400 pa)
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 holding over from the original 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 holding over from a one year lease from May 2017 at an annual rental of £2,400 exclusive.