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Studio flat for sale
Bridge Grove, Southport
£450,000
Bridge Grove, Southport
£450,000
Our Summary
- For Sale by Private Treaty, 2 & 4 St James Street and 9,9a & 11 Bridge Grove - Freehold Investment Opportunity
- 11 requires complete refurbishment and offers the option to form a flat on the first and second floor
- Number 4 St James Street is let out comprising as retail unit to the Ground Floor and vacant flat above (requires modernisation)
- 9 Bridge Street - Vacant (Renovation Required, Double Unit)Frontage 18' x 31' depthFrontage 9'6" x 22'8" depthToilet 6'10" x 2'7" & Toilet 2 4'8" x 4'5"Kitchen Area 9'8" x 5'3"Stairs to First FloorFront Room 18'7" x 14'9"Door to Terrace giving access to additional accommodation over No
Description
This is a rare freehold investment opportunity in Southport Town Centre, comprising four retail shops and one three-bedroom flat. The property is already partially let, with one shop and the flat generating an annual income of £8,100. The vacant units, including a hot food takeaway and cafe, offer a chance to refurbish and re-let, with potential for additional income. The property's prominent corner position and proximity to the town centre make it an attractive investment. The tenant of one of the shops is willing to hand back the vacant flat above, providing further potential for rental income. With some renovation and refurbishment, this property has the potential to generate a strong annual income and provide a solid investment opportunity.