Commercial · For sale
589-599 Lord Street, Southport – Freehold Leisure and Hotel Investment
589-599 Lord Street, Lord Street, Southport, Sefton, PR9 0AN
Guide price £795,000
- Tenure
- Freehold
- Added
- 18 Oct 2026
About this property
c.7,315 sq ft (679.55 sq m); Let to Sinclairs and Gingers on four leases; Sale by joint LPA Fixed Charge Receivers.
The property provides licensed premises at ground floor with hotel accommodation accessed off Lord Street on the upper floors. 589 and 595 Lord Street, originally two units, have been combined to form a single bar trading as Sinclairs. 591-593 Lord Street provides the ground floor entrance to fourteen double hotel rooms on the upper floors, each with en suite shower rooms, trading as Sinclair's Rooms. 597-599 Lord Street is a self-contained ground floor bar trading as Gingers.
Key points: - Prominent corner position fronting Lord Street, Southport's. - Two ground floor bars with fourteen en suite hotel bedrooms above, extending to approximately 7,315 sq ft (679.55 sq m). - Let to CSINC Properties Ltd (t/a Sinclairs) and GBG Southport Ltd (t/a Gingers) by way of four separate leases. - All tenants open and trading with rents paid up to date. - Total rent: £90,000 per annum. - Offers in excess of £795,000, subject to contract and exclusive of. - Net initial yield: 10.73% after purchaser's costs of 5.48%. - CSINC leases (589, 591-593 and 595): no rent reviews; mutual break on one month's notice. - Gingers lease (597-599): rent review shown as 31/03/2031; mutual break on three months' notice after month 57. - Total GIA 679.54 sq m (7,315 sq ft).
Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.
Features
- Total Rent: £90k pa
- Net Initial Yield: 10.73%
- Tenure: Freehold