Income-producing corner building with parking and garden, suited to cash buyers.
Fully let mixed-use corner property with retail and two flats
A fully let, mixed-use corner investment in Southport delivering an immediate income stream. The building houses a ground-floor retail unit plus two self-contained flats, all tenanted and producing a combined current rent of £22,300 pa. Off-street parking, a detached garage, external WC and a lawned garden add practical value for commercial and residential occupants.
Income stability is a clear attraction: the retail unit is on a five-year lease and both flats are let on assured shorthold tenancies to longstanding tenants. Landlord gas and electrical safety certificates are available on request. The property's period brick façade and double-fronted layout give character and decent street presence for future re-letting or repositioning.
Important investor cautions: the retail lease has only five years remaining and the overall lease profile is short. Many mortgage lenders may refuse finance against properties with such limited lease terms, which could limit purchaser options and affect resale. The area shows signs of deprivation and broadband speeds are slow — factors that can influence tenant demand and rental growth.
This is a hands-on investment suited to buyers who value immediate rental income and see potential in a corner building with parking and external space. It will particularly suit cash buyers or investors able to manage financing constraints and consider lease extensions or longer-term asset management to improve marketability.
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