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1-5 London St
Southport PR9 0UF

Retail Property For Sale

Investment Highlights

  • Refurbished offices to ground and first floor
  • Prominent position in Southport Town Centre
  • Attractive period property

Executive Summary

The property is two-storey with an open plan ground floor café operator trading beneath three arched glazed shop front to London Street, with a separate entrance off London Street providing access to the refurbished office suites at ground and first floors.
Of traditional brick construction, with mock Tudor frontage, under a pitched slate roof, both the office and café having separate entrances. To the rear elevation is an extension with flat roof and alleyway into Anchor street providing car parking spaces for up to four vehicles.
The office areas provide six refurbished office suites, with many original features including panelled walls and parquet flooring. Please note planning permission had been granted for change of use to provide two apartments (now expired but further details available on application).

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
5,340 SF
Building Class
B
Year Built
1800
Price
$807,351 CAD
Price Per SF
$151 CAD
Cap Rate
8.44%
NOI
$68,176 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Parking
4 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
34 ft on London Street

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Storage Space
  • Listing ID: 31067564

  • Date on Market: 2024-02-28

  • Last Updated:

  • Address: 1-5 London St, Southport PR9 0UF

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