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Property Size: 4 floors in total, 2 floors vacant for residential
Property Price: £310k (priced for quick sale)
Property Description
An excellent opportunity has arisen to purchase a Grade II listed building in Southport. 355-357 Lord Street is a very distinctive 4-storey building in the centre of Lord Street. The 2nd and 3rd storeys are configured as a 2-bed residential unit which has been vacant and is in need of full refurbishment or conversion. Recent planning permission secured for the conversion to 3 No. 1-bed flats (DC/2022/01217 and DC/2022/01218 (LBC)).
Prospective buyers would need to commence development of the above permissions by 15 September 2026 once any pre-development conditions have been satisfied. Alternatively a new application could be submitted, along with Listed Building Consent and may benefit from free pre-app meeting and pre-app submission under the Southport planning support service.
The facade of the building to Lord Street is highly distinctive with arched windows to 2nd and 3rd floors and a large decorative bay window to the first floor. There are other original and interesting features of historic significance and any proposals for residential conversion should seek to retain and enhance these. Any new windows to rear or roof should be conservation style. There is shared gated access to the side of the building for access to upper floors. A new roof was added in 2024.
The ground floor commercial unit is a new 5-year internal repairing and insuring lease (commenced 1 September 2025) with a break option after 3 years. the lease is with a national company who use the first floor for storage, and it includes the flat roof to the rear of the property. The income for the ground and first floor is currently £24k p.a. and the tenant has been in situ for c.20 years.
Any enquiries should initially be directed to lordstreet.living@sefton.gov.uk.
N.B. The Lord Street Living project aims to support owners by promoting their vacant upper floorspace which has potential for residential conversion, via the Lord Street Living website. The information described is designed to give an overview to investors and developers of the property available which has been deemed appropriate for conversion. Accuracy of details within the description cannot be guaranteed and interested parties should make their own investigations. Whilst we may indicate the potential for conversion, the final number of residential units that may be realised will be subject to Sefton’s planning policies and full planning applications. Staff associated with Lord Street Living do not take responsibility for or negotiate between parties but may seek feedback from parties regarding the process.