18 London Street
Southport
Merseyside
PR9 0UE

Freehold Retail Investment

  • Let to Skipton Building Society
  • Town Centre Location
  • Approximately 200 metres from Southport Railway station
  • Neighbouring occupiers include Lloyds Bank, Nationwide, Halifax and Yorkshire Building Society
  • Lot
    16
  • Auction
    09/Jul/2020
  • Rent
    £21,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • 18 London Street<br>Southport<br>Merseyside<br>PR9 0UE
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
16 miles north of Liverpool
19 miles south-west of Preston
Roads
A565, A570, M6, M58
Rail
Southport Railway Station
Air
Manchester Airport, Liverpool John Lennon Airport
Situation

The property is situated on the south side of the busy London Street equidistant between Lord street and Chapel Street, approximately 200 metres from Southport Railway Station. Neighbouring occupiers include Lloyds Bank, Nationwide, Halifax and Yorkshire Building Society.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with ancillary accommodation of the first and second floors. The property benefits from rear acess via Glebe Place.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acutus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReversion
Ground
First
Second
Retail
Ancillary
Ancillary
192.50 sq m
81.40 sq m
98.40 sq m

(2,072 sq ft)
(876 sq ft)
(1,060 sq ft)
SKIPTON
BUILDING
SOCIETY (1)
5 years from
20/10/2017 on a full
repairing and
insuring lease
£21,00019/10/2023
Total
372.30 sq m
(4,008 sq ft)
  £21,000 

(1) The Skipton Building Society is a mutual society that dates back to 1853. It is the UK's 4th largest Building Society with over
1.04 million members. For the year ending 31st December 2017, Skipton Building Society reported a total income of 256,700,000, pre-tax profits of 111,400,000 and total assets less liabilties of 1,468,400,000
(Source: Skipton Building Society annual Report and Accounts 2019. www.skipton.co.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    234 KB
    View PDF
  • Site Plan
    Updated Date
    22.06.20
    File Size
    855 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Associate Auctioneers
Legat Owen Albion House, Albion Street
Chester
Cheshire
CH1 1RQ
James Lutton 01244 408 244jameslutton@legatowen.co.uk
Seller's Solicitors
DTM Legal LLP 3rd Floor, No. 4 St Pauls Square
Liverpool
Merseyside
L3 9SJ
Isabel Rial 0151 230 1222isabel.rial@dtmlegal.com

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now