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Lot 8 - Wednesday 4th September 2024The Dolphin Takeaway & Restaurant 30 - 34 Scarisbrick Avenue, Southport, PR8 1NW

UNSOLD

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FOR SALE BY ONLINE AUCTION 4TH SEPTEMBER 2024:

This is a well-established take-away and restaurant located on Scarisbrick Avenue, Southport, complete with seven apartments to the floors above. At full capacity the unit generates an approximate income of £52,320 per annum, providing a potential yield circa 17%. The unit sits in between Lord Street and Southport Marina and prom, and sits within the town’s busy tourist attractions. Apartments include 1 x 3/4 bedroom flat and 6 x studios;

• 34a Scarisbrick Avenue: £750pcm (3/4 bed)
• Flat 1 30a Scarisbrick Avenue: Currently vacant (was previously let at £396.50pcm) (Studio)
• Flat 2 30a Scarisbrick Avenue: £360pcm (Studio)
• Flat 3 301 Scarisbrick Avenue: £380pcm (Studio)
• Flat 4 32a Scarisbrick Avenue: £360pcm (Studio)
• Flat 5 32a Scarisbrick Avenue: £360pcm (Studio)
• Flat 6 32a Scarisbrick Avenue: £425pcm (Studio)

ACCOMMODATION
Restaurant and take away with kitchens, w.c facilities and storage to ground floor, one 3/4 bed flat, 6 one bed studio flats arranged over three floors.

LOCATION
Scarisbrick Avenue is a pedestrian only walk through from Southport marina and prom leading through to Lord Street, enjoying heavy footfall from the local tourist attractions

Tenure: Freehold

Council Tax Band: A for the flats

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

Stamp Duty Calculator

You will pay
£11,500
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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