7-9 Nevill St 1,281 SF Retail Building Southport PR9 0BX $203,055 ($158.51/SF) 15.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent town centre location
- Good public transport and road links
- High footfall and is characterised by a mix of local and national retailers
EXECUTIVE SUMMARY
The property comprises a high yielding retail investment opportunity occupying a prominent pitch in the centre of Southport.
Arranged across ground floor only, the property is let to Silcock Leisure Group Limited on a five year lease expiring 28/09/2026 and paying £23,000 per annum.
Arranged across ground floor only, the property is let to Silcock Leisure Group Limited on a five year lease expiring 28/09/2026 and paying £23,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Retail
Building Size
1,281 SF
Building Class
B
Year Built
1910
Price
$203,055
Price Per SF
$158.51
Cap Rate
15.33%
NOI
$31,135
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.11 AC
Frontage
59’ on Nevill Street
AMENITIES
- Signage
1 of 1
NEARBY MAJOR RETAILERS
