74/74A Eastbank Street, Southport, PR8 1EF

Location

Southport is a popular seaside town in the Metropolitan Borough of Sefton in Merseyside, approximately 17 miles north of Liverpool and 15 miles south-west of Preston. One of the most popular seaside resorts in the UK, Southport hosts various events, including an annual air-show, the largest independent flower show in the UK and the British Musical Firework Championship, as well as previously hosting the Open Championship at Royal Birkdale.

The property itself is located prominently fronting Eastbank Street, close to its junction with Yellow House Lane, less than 500 metres south-east of the town centre and a short walking distance from Southport Train Station.

Nearby occupiers include Kwik-Fit, The Job Centre, Tesco Express and a huge variety of independent retailers.

Description

The property comprises a substantial, pavement fronted, traditionally constructed part two storey/part three storey semi-detached property, set beneath a pitched and tiled roof covering.

The property has been substantially extended upon the rear via a three storey out-rigger, with rendered elevations, also beneath a pitched and tiled roof covering.

The accommodation within provides for both commercial and residential uses. At ground floor level, there is a self-contained retail unit, presently occupied and operating as an established sun-bed shop. The shop is presented to an excellent standard throughout, having been recently refurbished by the Tenant and benefits from a 3-phase power supply.

The remainder of the accommodation consists of 3 x self-contained 1 and 2 bed residential apartments. These are arranged over ground, first and second floors and include 1 x 2 bed and 2 x 1 bed apartments. Each apartment is fully self-contained and have their own kitchen and bathroom facilities and each are separately metered for utilities purposes. There is gas central heating to the first and second floor apartments, with the ground floor apartment having electric heating.

Some cosmetic upgrade works are required to the apartment accommodation.

The property has upvc double glazed windows and door openings throughout.

To the rear of the property, there is an enclosed yard to the ground floor apartment, as well as parking for 2 vehicles, which is accessed from Yellow House Lane.

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The mains services connected to the property include water supply, gas supply, electricity supply and of course, mains drainage. Each apartment has their own independent utility meters. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.

Flexible Heading 2

Offers in the Region of £275,000.

Flexible Heading 3

VAT is not applicable.

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The ground floor (74 Eastbank Street) is let to a private individual for a term of 3 years, expiring on 22/02/2024 (Tenant currently holding over). The passing rent is £400 pcm/£4,800 per annum. The full estimated rental value of the shop is £600 pcm/£7,200 per annum.

The 3 x apartments are all presently vacant.

Legal Costs

Each party are to be responsible for their own legal costs involved in the transaction.

EPC

An Energy Performance Certificate (EPC) has been commissioned and a copy of the Report is available on request.

Viewings

Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.