Summary - 10, UNION STREET PR9 0QE
1 bed 1 bath Restaurant
Substantial, adaptable premises ideal for investor refurbishment or new hospitality concept..
- Large 4,322 sq ft town-centre restaurant premises
- Open-plan dining area, large commercial kitchen and storage
- Good retail frontage with high pedestrian footfall
- No VAT on purchase price
- Requires full refurbishment and modernisation
- Area classed very deprived; local crime rates are high
- Tenure unspecified; buyer to verify legal status
- Suitable for alternative uses subject to necessary consents
Substantial town-centre restaurant premises offering 4,322 sq ft across ground and first floors, positioned on Union Street in Southport. The ground floor provides open-plan dining, rear bar, WC facilities and a large commercial kitchen, with additional storage/ancillary accommodation above. The central frontage and heavy footfall make it suited to continued hospitality use or alternative commercial/residential conversion, subject to necessary consents.
The building is a Victorian mid-terrace with good retail visibility and technical strengths including excellent mobile signal and fast broadband — favourable for modern hospitality, click-and-collect or small-office uses. The sale price excludes VAT, which may streamline acquisition costs for a buyer planning refurbishment or an investor seeking rental income.
Important considerations: the property requires refurbishment and modernisation throughout and sits in an area classed as very deprived with high local crime rates; prospective purchasers should factor upgrade costs and security measures into budgets. Tenure details are unknown and alternative uses will need planning consent where applicable. This is a clear value opportunity for an investor or operator prepared to renovate and reposition the site.
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