Freehold Retail and Residential Redevelopment Opportunity
Substantial 5 Storey Building
Comprises 2 Retail Units with Substantial Upper Parts
Approximately 2,461.70 sq m (26,497 sq ft)
Potential for Residential Redevelopment (subject to consents)
Directly Opposite Pedestrianised Chapel Street
200m West of Southport Railway Station
Neighbouring occupiers include Superdrug, KFC, Tesco, Iceland, Boots, Marks and Spencer, Primark and Sports Direct
Lot 44
Auction 2nd November 2023
Vacant Possession
Status Sold Prior
Price
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
16 miles north of Liverpool, 30 miles north-west of Manchester
Roads
A565, A570, M58
Rail
Southport Railway Station (200 metres)
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated on the west side of Eastbank Street, Southport's main retail thoroughfare, at its junction with King Street and opposite the pedestrianised Chapel Street. Southport Railway Station is approximately 200 metres to the east. Neighbouring occupiers include Superdrug, KFC, Tesco, Iceland, Boots, Marks and Spencer, Primark and Sports Direct.
Tenure
Freehold.
Location
Miles
16 miles north of Liverpool, 30 miles north-west of Manchester
Roads
A565, A570, M58
Rail
Southport Railway Station (200 metres)
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated on the west side of Eastbank Street, Southport's main retail thoroughfare, at its junction with King Street and opposite the pedestrianised Chapel Street. Southport Railway Station is approximately 200 metres to the east. Neighbouring occupiers include Superdrug, KFC, Tesco, Iceland, Boots, Marks and Spencer, Primark and Sports Direct.
Tenure
Freehold.
Description
The property comprises a substantial building with 2 retail units on the ground floor and ancillary accommodation on the four upper floors.
The property is neither Listed or in a Conservation Area and benefits from potential for residential redevelopment (subject to consents).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial building with 2 retail units on the ground floor and ancillary accommodation on the four upper floors.
The property is neither Listed or in a Conservation Area and benefits from potential for residential redevelopment (subject to consents).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Possession
Ground First Second Third Fourth
Retail Ancillary Ancillary Ancillary Ancillary
592.60 452.80 655.20 605.10 156.00
(6,379) (4,874) (7,053) (6,513) (1,679)
VACANT POSSESSION
Total Approximate Floor Area
2,461.70
(26,497)
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.gov.uk/find-business-rates)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
