94 Eastbank Street, Southport, PR8 1EF
Lot 9 - 10.04.2014
FOR SALE BY PUBLIC AUCTION THURSDAY 10TH APRIL 2014 AT LIVERPOOL TOWN HALL
94 EASTBANK STREET, SOUTHPORT, PR8 1EF
Excellent investment opportunity
Currently producing £8,880pa
Vacant self-contained storage/office unit
Easy opportunity to increase yield
Good town centre location
A mixed use investment property fronting a busy main road location in Southport next to the BMW Motorad dealership. In good condition throughout the property comprises of a lock up retail unit trading as The Salon paying £5200pa on a FRI lease due for renewal in Jan 2015. To the first floor is a self contained one bedroom flat with front entrance currently holding over on an Assured Shorthold Tenancy producing £3,600pa.
To the lower ground floor and accessed to the rear of the property is a useful self contained storage/office unit of approximately 400²ft with connected services and electric roller shutter. The unit is currently vacant but should let at a minimum of £2,600pa.
Fronting Eastbank Street in a busy main road location off Lord Street next to BMW Motorad with on street parking available opposite. Close to all local amenities and just a short walk from Southport main line station.
Retail Unit: Approximately 400²ft, electric roller shutters, sales area, kitchen,WC
First Floor: Lounge, kitchenette, bedroom, shower room/WC
Lower Ground Floor: Self-contained office/storage unit with electric roller shutter, approximately 400²ft
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
17th May 2017 1.00pm
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
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