For Sale By Auction | 09:00, 11 December 2024 | Lot 100A

5-7 Nevill Street, Southport, Merseyside, PR9 0DE

*Guide | £180,000+ (plus fees)

  • Retail Property (high street)
  • Tenure: Leasehold. The property is held on a 999 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 11/12/2024

Auction Time

09:00

Auction Venue

Live Stream

A Ground Floor Retail Unit Subject to a Lease Producing £23,000 Per Annum

The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 999 year lease.

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Princes Park are within easy reach. Transport links are provided by Southport rail station.

Accommodation

Ground Floor Retail Units G.I.A Approximately 119 sq m (1,281 sq ft)

Tenancy

The property is subject to a FRI lease for a term of 5 years commencing 29th September 2021 at a rent of £23,000 Per Annum.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.