152-154 And 152A Lord Street, Southport, Merseyside, PR9

Under offer £325,000 Guide Price

  • Town Centre Offices fronting Lord Street
  • Requiring refurbishment and offering scope for alternative uses subject to necessary consents
  • Substantial Parking Area off Lord Street
  • Separate Two Bedroom Flat accessed off Hill Street (152a Lord Street)
  • Sold subject to and with the benefit of the existing residential assured shorthold tenancy agreement - producing £6,300 per annum rental
  • Existing Tenant Unaffected by The Sale
  • Overall Extending to approximately 4,325 sqft GIA to include First Floor Flat
  • Competitively Priced Mixed Use Conversion / Refurbishment Opportunity
  • No VAT on purchase price

The property comprises of effectively two interconnecting office buildings with twin bay windows and central pedestrian door access to the front elevation. Historically these have been occupied for many years by a law firm and provides a series of connecting private offices, the typical specification being carpeted flooring covering, plastered and painted walls, surface mounted light fittings and/or incorporating recessed lighting. The property benefits from an extensive car park area to the front, storage room to the rear.

Requiring works of modernisation & repair the accommodation would be suitable for refurbishment into modern offices and/or alternative employment uses or residential conversion, subject to the necessary consents.

Accessed off Hill Street is an independent two bedroomed first floor flat which is let by way of an assured shorthold tenancy agreement at £6,300 per annum.

The property is to be sold subject to and with the benefit of this aforementioned tenancy. The tenants are unaffected by the sale, and it is proposed that on sale completion the tenant would be granted a new six or twelve month tenancy agreement at the same rent.

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