Call the team on 01772 772450 for more information
Mixed Use Commercial and Residential Investment Producing £17,400 per annum
Description Comprising a two-storey mixed use property with tenanted ground floor retail unit, tenanted first floor apartment and outbuilding. Accommodation The ground floor comprises a retail unit currently operated as a salon, with front sales area and treatment room, rear kitchen, treatment, storage and shower room with w.c. The first floor comprises a two-bedroom apartment with large entrance hallway with access to the cellar, lounge / dining room, large kitchen and bathroom. Access is via a self-contained ground floor entrance. The apartment benefits from large rooms and an abundence of natural light. Externally the property benefits from a rear yard, large land plot to the front and side and an outbuilding / garage which is currently Let as storage. We have taken the measurements from the Energy Performance Certificates (EPC’s) as follows: Ground floor: 84 sq m (904 sq ft) First floor: 83 sq m (893 sq ft) Location The property is situated in a prominent corner position fronting Duke Street and Cemetery Road close to local independent retailers, shops and amenities. The centre of Southport is located just 1 mile from the property and approximately 2 miles from Royal Birkdale Golf Club. Tenancy Ground Floor – Let on a five-year lease from 27th August 2019 at £800 pcm / £9,600 per annum First Floor – Let on an AST for 36 months from 16th September 2020 for £600 pcm / £7,200 per annum Outbuildings – Let on an informal basis for £50 pcm / £600 per annum Total annum income - £17,400 per annum
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E & E
Local Authority
Sefton Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.