Investment Properties for sale in Southport

View the "10 BEDROOMED INVESTMENT PROPERTY - MERSEYSIDE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £575,000
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Business Description
10 BEDROOMED INVESTMENT PROPERTY - MERSEYSIDE
Situated in the busy coastal town of Southport
Well appointed & presented throughout
Advised annual turnover of £20,000
Scope for further development
Ideal lifestyle opportunity
Genuine reason for sale
FREEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this imposing detached property. The only reason this rare opportunity is being offered to the market is due to our clients desire to take well deserved retirement. Our client has run the business at a place that suits their lifestyle, meaning that there is massive scope for a new hands on owner to further develop the business. Our client informs us that the annual turnover currently runs at £20,000 which is derived from the rental of 4 apartments. There is massive potential for 9 apartments and in excess of 15 bedrooms, STPP, which may increase income. With many original features including stained glass windows, original wood doors and high coved ceilings, the premises this is without question a true character and very desirable property located in one of the UK's most popular lifestyle change areas, offering a superb location to reside combined with a healthy income all year round. This is a superb opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended to appreciate the character and charm of this property.
Tenure: Freehold

Accommodation Details:
The imposing detached Victorian property, with brick and tile lay briefly comprises: GROUND FLOOR PREMISES Large double wood doors to entrance porch with stained glass double doors to entrance hall. Staircase to first floor. 4 x reception rooms – 2 with ornate coved ceilings, 2 with feature fireplaces. Kitchen with a good range of wall and base units, built in gas hob , electric oven and extractor hood. Utility room. Family bathroom with three piece suite. Basement Apartment – entrance hall, lounge/diner, inner hall, kitchen, bathroom and 2 bedrooms. 2 large rooms currently workshops. Second Floor – 4 x apartments Apartment – entrance hall, cloaks cupboard, lounge diner, bathroom and 2 x bedrooms. Communal hall with feature stained glass windows. Apartment – entrance hall, L shaped lounge, kitchen, bathroom and bedroom. Apartment – lounge, stairs to mezzanine floor bedroom, dining kitchen and bathroom. Apartment – hallway, lounge/diner, kitchen, bedroom and bathroom EXTERNAL Basement workshop Large in, out drive way to the front allowing easy access and exit. Lawned area of approximately ½ acre to the rear.

Location Details:
The business is located in the fashionable resort of Southport and occupies a prime location a short distance from the famous Lord Street with its abundance of quality restaurants, bars and exclusive shops. Other nearby attractions include the Floral Hall Complex which hosts a range of conferences shows and exhibitions, a beautiful promenade, the Marine Lake, Botanic Gardens & annual flower & air shows, or you can even explore further a field, with the local train station only 10 minutes away, or regular bus services from Lord Street. Southport is a sophisticated, cosmopolitan and vibrant coastal town fronting some of the Northwest’s most spectacular flatlands, and is famous for is sand dunes and wildlife. Southport is easily accessed by A roads and the cities of Preston and Liverpool are within easy driving distance.

Listed by: Meridian Business Sales Limited

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