£125,000 - £140,000
49 Eastbank Street, Southport
This substantial three storey end terraced building is within a couple of minutes walk of Southport Town Centre where many national retailers are represented. It is also within a ten minute walk of the Promenade with a wide range of leisure facilities and close to a Tesco Express and TK Max the area being well served by public transport. The property has recently been refurbished, the maisonette having gas fired central heating, UPVC double glazing, new kitchen and bathroom fittings and it has also been replastered and rewired. The retail unit has modern kitchen and toilet facilities and is currently let on terms detailed below.
Details
| Auction Date | 05th July 2017 |
|---|---|
| Lot Number | 23 |
| Guide Price | £125,000 to £140,000 |
| Status | Sold |
| Sale Price | £105,000 |
| Lot Type | Commercial Investment |
| Address | 49 Eastbank Street, Southport, PR8 1DY view on map |
| Tenure | Freehold |
| Tenancies | The ground floor is let at £6,000 per annum with the upper floors let on an assured shorthold tenancy at £7,800 per annum. This produces a total rental income of £13,800 per annum. |
| Viewing | By arrangement with the auctioneers. |
Location
Accommodation
| Ground Floor | Retail space 60.45 sq m (650 sq ft) Kitchen and separate WC. |
|---|---|
| Maisonette | Ground Floor Entrance vestibule. |
| First Floor | Landing, large front lounge, dining kitchen with a range of new base and wall units including built in oven, hob, extractor fan and a washing machine, shower room with WC, further WC. |
| Second Floor | Landing, two large bedrooms. |
| Externally | Front canopy and hardstanding. |
| Rateable Value | The whole building currently has a Rateable Value of £9,000. However this will be reduced when it is separately assessed for business and residential use. |
Legal Pack
Latest Tweets
Useful Links
Contact Details
51/52 Hamilton Square
Birkenhead
Wirral
CH41 5BN
Tel: 0151 647 9272
Fax: 0151 666 1336
Email: enquiries@smithandsons.net
