87-89 EASTBANK STREET, SOUTHPORT, PR8 6TH

ESTIMATED RENTAL VALUE - £18,000 p.a

DEVELOPMENT

WHY BUY?
- Estimated Gross Yield - 14.4%
- Planning permission for 2, 1 bed apartments
- Ideal for small time developer
- Excellent location
- Good return on investment

DESCRIPTION/ LOCATION
A three storey property comprising of a ground floor, large double fronted shop unit, with storage on the upper floors. The property has planning consent for two, one bedroom apartments on the upper floors. Once the project is completed we would estimate the property would rent out at £18,000 per annum.

The property is located on Eastbank Street which is one of the main roads into Southport linking up with the main high street, Lord Street. Within close proximity is Southport train station.

The shop unit fronts onto Eastbank Street consisting of many retail occupiers including MacDonald's.

ACCOMMODATION

GROUND FLOOR SHOP: Sales area - 115 sq.m (1237sq.ft)
Office/ Kitchen - 39.1sq.m (420sq.ft)
Total shop area - 154.1sq.m (1,657sq.ft)

FIRST FLOOR: Room 1 - 51.1sq.m
Room 2 - 30.1sq.m

SECOND FLOOR: Room 1 - 30.1sq.m
Room 2 - 27.7sq.m