TO BE SOLD BY ONLINE AUCTION ON 25TH JANUARY 2022 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
****98-102 King Street, Southport, Merseyside, PR8 1LQ****
Edward Mellor Auction is delighted to present this hotel which has been remodelled to provide; six separate apartments, newly renovated to an extremely high standard throughout. Located in central Southport, it is surrounded by a wealth of local amenities, with local cafes, bars, restaurants & local transport links and the seaside on its doorstep, including the newly renovated Southport Market which is only 500 yards away.
This commercial property extends to approximately 5,000 sq ft and is presented as two 3-bedroom apartments, two 2-bedroom apartments, and two 1-bedroom apartments.
All have been newly renovated with a high-specification finish and generous open-plan dining kitchens fitted with integrated appliances, family-sized contemporary bathroom suites, and double bedrooms. Please note that electrical work such as sockets and light fittings need to be finished and tested.
All are spacious throughout and full of natural light. Parking is available for at least 4 vehicles.
POTENTIAL RENTAL FIGURES
PCM APPROXIMATELY
£750 for the 1 bed - £875 for the 2 bed - £925 for the 3 bed - approximately £61,0000 per annum
PER NIGHT APPROXIMATELY
£80 for the 1 bed - £100 for the 2 bed - £120 for the 3 bed - approximately £100,0000 in 6 months
The property has been modelled to form 6 apartments. These works do not benefit from Planning Permission or Building Regulation approval. You are advised to consult your legal advisor prior to bidding on this lot.
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
