Freehold Victorian high‑street unit, circa 1,048 sq ft
Sold by online auction, starting bid £57,500 — auction fees apply
Potential to convert to two flats (STPP) — conversion not approved
Currently tenanted; tenant lease whereabouts and terms unknown
Located in very deprived area with very high recorded crime
Low flood risk; excellent mobile signal and FTTP broadband available
Substantial refurbishment likely; period shopfront and dated interiors
Estimated post‑renovation income circa £1,100 pcm (unconfirmed)
This large Victorian high‑street unit on Poulton Road is offered freehold with a substantial footprint (1,048 sq ft) and visible period frontage. It is sold via online auction with a starting bid of £57,500 — suitable for a buyer seeking a value acquisition with scope to add income or convert (subject to planning).
The property is currently tenanted; the whereabouts and terms of the tenant's lease are unknown and should be investigated before bidding. There is noted potential to convert the unit into two flats (STPP), and an uplifted rental after renovation is suggested at around £1,100pcm, but conversion has not been approved.
Buyers should note material negatives: the local area is classified as very deprived, recorded crime is very high, and the immediate neighbourhood is described as 'hampered aspiration' with constrained renters. The building appears to need refurbishment — period shopfront and mid‑century internal features mean investment is likely to modernise the space.
Practical positives include freehold tenure, low flood risk, excellent mobile signal and fast FTTP broadband availability. The sale is through an online auction platform; winning bidders must pay a deposit and buyer’s premium and should review the legal pack and auction conditions carefully prior to bidding.
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