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Property for sale / Southport

Commercial · For sale

Gordon House, Southport – High Yielding Multi-Let Office Investment

Southport, Southport, Sefton, PR9 0ER

Offers over £1,400,000

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Tenure
Freehold
Added
18 Oct 2026

About this property

Constructed as a prominent period office building,

Key points: - Attractive multi-let office building extending to 13,963 sq ft over ground and two upper floors. - One of the only dedicated office buildings in Southport town centre; site area 0.56 acres. - Passing rent £171,520 pa; WAULT 3.82 years to expiry / 1.90 years to break. - Offers in excess of £1,400,000 reflecting NIY 11.55% and a low capital value of £100 psf. - Opportunity to enhance income via vacant suites / regearing; potential residential conversion (STP). - Well located high-yielding multi-let office investment in the heart of Southport. - Ground Floor Suites 1 & 2 — County Insurance Consultants Ltd: lease 02/11/2022–01/11/2027; £54,038 pa (£12.50 psf); contracted out; 19 car spaces. - First Floor Suite 3 — Vacant with 12-month rental guarantee at £12,375 pa (£12.50 psf). - First Floor Suite 4 — Anglia Research Services Ltd: lease 29/09/2017–28/09/2027; £11,370 pa (£12.65 psf); not contracted out; service charge cap £6,713.11 increasing. - annually with RPI; 4 car spaces.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

  • Passing Rent: £171.5k pa
  • NIY: 11.55%
  • WAULT: 3.82 yrs
  • Tenure: Freehold

Location

commercial for sale in Southport | PropSale