Former Coronation Pub, King Street, Southport, Merseyside PR8 1JZ

FOR SALE

Conversion Development Opportunity

Guide Price £450,000 plus VAT

• Substantial town centre pub • Planning permission granted for the change of use with the ground floor to retail bar/leisure unit & new self-contained retail unit and for the first and second floors to be converted in 10 self-contained apartments, including 2 dormers to front elevation • Situated within Southport town centre • Offered with vacant possession • Existing premises provide large Dining area with 70 covers, Pool room and Lounge

Location: The property is situated within Southport town centre on King Street in close proximity to Lord Street. Southport market hall is immediately adjacent whereby recent plans have been provided for its conversion to a multi faceted leisure facility.

Fitton Estates, Hoghton Place, 47 Hoghton St, Southport, Merseyside, PR9 0PG Telephone: 01704 500345 Email: [email protected]

The property is situated close to the junctions of the A570 and A565 East Bank Street, which is the main road linking Southport to Formby & Liverpool to the south and Ormskirk, Skelmersdale and Wigan to the north.

Description: A substantial former public house, the ground floor comprising of a fitted out bar area with dining areas and lounges providing for approximately 70 covers and a ground floor area of just under 3,500 square feet. There is also a commercial kitchen and stores area, together with a basement, which is accessed externally.

The upper floor comprises currently of owner's accommodation with 4 bedrooms, lounge, kitchen, dining room, office and stores.

Accommodation: From plans provided, the upper floor accommodation as proposed will provide the following areas:-

First floor:

Unit 1 studio 50.17m2 Unit 2 1 bedroom flat 51.15m2 Unit 3 studio 28.8m2 Unit 4 studio 35.1m2 Unit 5 1 bedroom flat 39.7m2 Unit 6 studio 28.1m2

Second floor:

Unit 7 41.93m2 Unit 8 35.22m2 Unit 9 studio 34.72m2 Unit 10 43.48m2

www.fittonestates.com

Please note, the retained public house and new retail unit as proposed could be suitable for a variety of commercial uses.

Tenure: Verbally advised freehold - pending written verification.

Price: Guide Price £450,000 plus VAT.

Money Laundering Regulations: Please note we are now required to carry out customer due diligence on all purchasers once an offer is accepted, whereby we are required to obtain proof of identity and proof of address of the prospective purchaser.

Planning: Planning permission has been granted, reference DC201901602 for the change of use of part of the ground floor to provide a new retail (A1) unit, whilst retaining a substantial bar/restaurant/ office / retail to the ground floor, with the conversion of the first and second floors to 10 self-contained apartments (C3), including the erection of 2 dormers to the front elevation.

VAT: All prices and rentals where quoted are exclusive of but may be subject to VAT.

Legal: All parties will be responsible for their own legal costs incurred in this transaction.

Business Rates: The property is currently listed in the business rates as having a rateable value of £48,000.

EPC: A copy of the EPC is available on request.

Viewing: Strictly by appointment made via the sole agents, Fitton Estates 01704 500345.

Details Prepared 06 January 2021

Regulated by RICS. Fitton Estates for themselves and for the vendors or the lessors of this property whose agents they are give notice that i) The particulars are set out as a general outline only for the guidance of the intended purchaser or lessees and do not constitute any part of an offer or contract. ii) All descriptions, dimensions, references to condition and necessary permissions for the use and occupation, and other details are given in good faith but without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. iii) No person in the employment of Fitton Estates has any authority to make or give any representation or warranty whatever in relation to this property.