Cake Corner, 5 Crown Buildings, Liverpool Road, Southport, UK

Einzelheiten

FOR SALE BY AUCTION

AUCTION START TIME: 10AM THURSDAY 18th June 2026

AUCTION END TIME: 1PM THURSDAY 18th June 2026

GUIDE PRICE - £290,000

RESERVE PRICE - TBC

An outstanding investment opportunity awaits at the Cake Corner, 5 Crown Buildings, Southport, offered for sale by auction with a guide price of £290,000. This freehold property presents a compelling proposition for investors seeking a dual-income stream from both commercial and residential units in a desirable location.

The ground floor comprises a well-established commercial shop, currently generating a consistent rental income of £1,000 per calendar month. This secure tenancy provides immediate returns, making it an attractive asset for any portfolio. The commercial unit benefits from its prominent position within Crown Buildings, ensuring good footfall and visibility, which is crucial for business success.

Above the shop, accessed separately, is a beautifully presented two-bedroom flat. This residential unit has recently undergone a comprehensive renovation, ensuring it is in excellent condition throughout. The flat features one modern bathroom and a comfortable reception area, providing an inviting living space. Currently rented at £850 per calendar month, the flat offers an additional reliable income stream. The high standard of renovation means minimal immediate maintenance for the new owner, allowing for a smooth transition and continued rental success.

Combined, the shop and flat generate a substantial total monthly income, offering an impressive yield potential. This makes 5 Crown Buildings an ideal acquisition for both seasoned investors looking to expand their portfolio and those new to property investment seeking a robust, income-generating asset.

Southport itself is a vibrant coastal town known for its Victorian architecture, Lord Street's tree-lined boulevard, and a range of amenities including shops, restaurants, and leisure facilities. Its strong local economy and appeal to both residents and visitors contribute to a healthy rental market, further enhancing the attractiveness of this investment.

Prospective buyers are encouraged to arrange a viewing by appointment to fully appreciate the quality and potential of this property. The auction process provides a transparent and competitive environment for purchase. Further details regarding the reserve price will be announced in due course. Do not miss this chance to acquire a significant investment property in a prime Southport location.

*The following non-refundable fees apply:***

Buyer's Fee

A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.

4% (plus VAT) of the purchase price.

The Buyer’s Fee is always subject to a minimum of £6,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..

Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property. The deposit contributes towards as part of the purchase price.

Council tax band A EPC C Freehold

*** Further Information ***

Shop A new consumer unit (electrical board) was installed last year. The property benefits from its own dedicated electricity supply, accessed via the external electric box at the rear. This supply was newly installed from the pavement approximately five years ago and is unique to this shop within the block, as the original supply is no longer sufficient for modern requirements. The premises also have dedicated metered water and gas supplies.

The boiler was installed five years ago, and supporting paperwork is available upon request. The current tenant’s lease expires on 20th May; however, they have signed a Tenancy at Will effective from 21st May. This agreement can be terminated by either party at any time without notice, giving the new owner complete flexibility in deciding the future use or tenancy of the property.

All spotlights have been upgraded to fire-rated fittings to comply with regulations relating to the flat above. In addition, dedicated wired smoke alarms, a carbon monoxide detector, and a separate multi-sensor alarm system (covering heat, smoke, and CO detection) have been installed within the shop. These systems are fully interlinked with the flat above to meet the latest fire safety regulations. The rear door is also fire-rated and self-closing.

The property currently generates a rental income of £1,000 per calendar month, and we can provide five years of statements demonstrating consistent, on-time rental payments throughout this period. For the first two years, the rent was £900 pcm.

Flat The flat also benefits from a new electricity supply installed from the pavement approximately five years ago. The consumer unit was fitted by our electrician at the same time, and a valid EICR remains in place. The windows have been upgraded to A+ energy-efficient units, with FENSA certification available.

For added safety and compliance, the flat is fitted with wired carbon monoxide, multi-sensor, and smoke alarms, while all spotlights have been upgraded to fire-rated fittings. The loft has also been fully double-insulated to improve energy efficiency. In addition, the property features a fire-rated, self-closing front door.

The kitchen remains unused, and the flat has its own dedicated metered water and gas supplies, entirely separate from the shop below. The property was previously let for five years, with the most recent rent being £650 pcm, although the current market rental value is estimated to be approximately £850 pcm.

Whole property The property is freehold and held under a single title. The pavement area to the front of the shop is included within the freehold ownership. Access to the flat is via the entrance on Halsall Road, which provides a permanent right of access to the building as a whole.

The grey shed to the rear of the property is also included within the sale and already benefits from an electricity supply, which is currently shared with the flat. However, as a three-phase supply is present, an electrician could connect the shed to the third phase to provide it with its own independent electricity supply.