Fully let, low-maintenance income in affluent village location.
Gross income £35,100 per annum from six fully let tenancies
A fully let, low-maintenance mixed-use investment generating a gross income of £35,100 pa from six tenancies across retail, beauty and fitness sectors. The property occupies a prominent corner position in affluent Churchtown village, approximately 1.5 miles from Southport town centre, benefiting from strong footfall and road frontage.
The building combines two ground-floor retail units and a first-floor suite of four self-contained studios, each independently metered and separately assessed for business rates. First-floor tenants currently benefit from small business rates relief eligibility; the landlord meets first-floor outgoings, with estimated annual overheads of about £3,700.
Rents are currently concessionary versus the size and location, providing clear scope for reversionary rental uplift at review or renewal. The property is offered as a freehold investment (plus two long leasehold titles) with no VAT on purchase, making it suitable for SIPP and portfolio investors seeking diversified, tax-efficient income.
Notable practical points: the asset has modern finishes, secure buzzer entry, communal shower/WC and a reinforced gym floor, but plot space is small and off-street parking appears limited. Buyers should factor in the concessionary rental profile when assessing short-term yield versus medium-term growth potential.
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