Freehold Reversion, 59-61 London Street & 1-3 Wright Street, Southport, Merseyside, PR9 0TH

freehold ground rent investment producing £175 per annum - TO BE OFFERED WITH NIL RESERVE

Location

Situated at the junction of London Street and Wright Street within a mixed commercial and residential location within Southport town centre. Southport lies approximately 17 miles north of Liverpool and 10 miles north of Junction 3 of the M58 Motorway.

Description

Freehold ground rent investment comprising ground floor retail unit together with seven flats to the upper floors.

Tenure

Freehold.

General

Section 5 Notices have been served on each of the qualifying residential tenants. No response has been received by the Landlord.

Solicitors

Salehs LLP, Didsbury House, 748 Wilmslow Road, Didsbury, Manchester, M20 2DW.
Tel: 0161 434 9991. Fax: 0161 434 9212. E-mail: mlr@salehs.co.uk.
Contact: Ms Michelle Rothburn.

Accommodation/Tenancy

Unit/Accommodation    Tenant  Agreement  Rental 
Ground Floor, London Street   - Retail Unit  Mrs EHughes  999 year lease to be granted upon completion  Peppercorn 
Rear Ground Floor & Upper Floors, Wright Street   - Seven Flats  Various Residential  Each held by way of a 999 year lease from 01/08/1978  £25.00 pa each 
      Total   £175.00 pa