Investment Properties for sale in Lytham St Annes

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Imran Ahmed (Nov 2014)
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Freehold Price: £195,000
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Business Description
Comprising of 3 Leased Commercial Units, and 1 Two Bedroom Apartment
St Annes on Sea
Substantial Property
Desirable Residential Location
Suit Home with an Income
Priced to Sell
Viewing Recommended

DESCRIPTION: Kenricks are pleased to offer this substantial Investment property for sale.

The property is situated in the desirable residential location of Moorland Road in the popular sea side town of St Annes on Sea.

The property comprises of a leased Sandwich Shop, a leased Pet Parlour, a let Garage and a 2 Bedroomed Apartment which could be used by owner/occupier or let for an additional source of income.

Butty’s Sandwich Bar
Ground Floor (approx. 750 sq. ft.)
Main Shop
Preparation Area
Utility Area & Toilet
Kitchen Area
Ancillary Storage

Pet Parlour
Ground Floor (approx. 187 sq. ft.)
Main Parlour area with concealed lighting

Ground Floor
Private Entrance Leading to:

First Floor 2 Bedroomed Apartment
Lounge (approx. 166 sq. ft.)
Bedroom (approx. 61 sq. ft.)
Master Bedroom (approx. 167 sq. ft.) with built in robes
Shower Room (approx. 63 sq. ft.) fitted with 3 piece suite comprising enclosure with fitted shower
Fitted Kitchen (approx. 100 sq. ft.) with fitted wall and base units

AGENTS NOTES: The residential apartment is double glazed and central heated.

EXTERIOR: 3 car garage to the rear with large enclosed paved area. Forecourt to the front.

BUSINESS: We are informed that the Sandwich Bar is leased on a 3 year lease from April 2014 at a rent of £5,720 pa.
The Pet Parlour is leased on a 3 year lease from July 2014 at a rent of £2,350 pa.
The Garage is currently let on a rolling agreement at a rent of £2,600 pa.
If let the 2 bed apartment could draw £6,600 pa.

TENURE: Freehold.

PRICE: £195,000

VIEWING: By appointment through Kenricks.
Tenure: Freehold

Location Details: Moorland Road

Listed by: Paul Crossley Kenrick & Co.
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