£450,000 For Sale

London Street, Southport - Town Centre, PR9

Key Features

  • Established café tenant from 2016. Rent passing - £30,000.
  • Refurbished offices to ground and first floor with independent entrance producing approximately £15,200 per annum when fully let.
  • Ground floor currently producing £8,000 per annum. First floor vacant offices, estimated at £7,200 per annum when let.
  • Offices offer residential conversion potential, subject to the necessary consents.
  • Existing Tenants Unaffected by the Sale.
  • Attractive period property to a prominent position in Southport Town Centre.
  • Car parking at the rear for four cars.
  • Total rental Income approximately £45,200 per annum when fully let.
  • No VAT on Purchase Price.

The property is two-storey with an open plan ground floor café operator trading beneath three arched glazed shop front to London Street, with a separate entrance off London Street providing access to the refurbished office suites at ground and first floors. Of traditional brick construction, with mock Tudor frontage, under a pitched slate roof, both the office and café having separate entrances. To the rear elevation is an extension with flat roof and alleyway into Anchor street providing car parking spaces for up to four vehicles. The office areas provide six refurbished office suites, with many original features including panelled walls and parquet flooring. Please note planning permission had been granted for change of use to provide two apartments (now expired but further details available on application).
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