Property description
Kenricks are pleased to offer this substantial Investment Property for sale.
This mixed use investment property occupies a strong trading location on Lytham Road and enjoys a wealth of passing pedestrian and vehicle trade. It is a substantial building and comprises of a large ground floor retail unit with cellar and a separately accessed two bedroom flat.
The large ground floor retail unit is let to a company trading as Janitorial Catering Supplies at a rental of £10,000 pax, we are informed. The two bedroom flat is central heated and provides a wealth of accommodation. It is currently let on an AST at a rent of £125.00 per week (£6,500 pax).
The combined rental income from the whole building, we are informed, is £16,500 pax.
Viewings are highly recommended and all interest is welcome.
Property Reference 0DC3451
Ground Floor282 - 284 Lytham Road - Ground Floor SHOP
NIA: approx. 1,820 sq ft.
Comprising of open plan retail space, rear storage, Kitchen and WC.
Combined space: NIA approx. 3,020 sq ft.
Lower Ground FloorCellar (approx. 1200 sq.ft.)
First Floor1a Castlegate - 2 BEDROOM FLAT
Separate ground floor entrance leading to:
First Floor
Hallway leading to:
Lounge (approx. 230 sq ft)
Dining room (approx. 250 sq ft)
Fitted Kitchen (approx. 140 sq ft)
Master bedroom (approx. 210 sq ft)
Bedroom (approx. 88 sq ft)
Bathroom (approx. 125 sq ft) comprising of a 3 piece suite.
ExteriorBalcony garden area.
TenureFreehold
BusinessThe combined rental income from the whole building, we are informed, is £16,500 pax.
ViewingBy Appointment through Kenricks
Property Features :
- Investment Property, Comprising of Retail Unit and Substantial 2/3 Bed Apartment
- Blackpool, Lancashire
- All Year Round Trading Location
- Opposite Witherspoon
- Priced to Sell