Investment Properties for sale in Thornton Cleveleys

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S Martin (Feb 2013)
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Freehold Price: £229,950
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Business Description
* Investment Property
* Comprises of a Let Retail Unit With
4 Self-Contained Flats
* Cleveleys, Lancashire
* Substantial Property
* Combined Rental Income over £22,000 P A
* All Year Round Trading Location
* Longstanding Commercial Tenant
* Priced to Sell
* Viewing Recommended

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

The property comprises of a ground floor barbers shop which is leased to a longstanding tenant and 4 self-contained permanent flats.

This substantial property is situated in a popular town centre location of Rossall Road in Cleveleys, Lancashire.

Barbers Shop
Ground Floor
(Approx. 393 sq. ft.)
Main Salon
Store room
Kitchen
Toilet.

Separate Entrance leading to Apartments:

1st Floor

Flat C
Lounge/Bedroom
Kitchenette
Shower and toilet

Flat A
Lounge with wood effect flooring leading to
Fitted kitchen
Bedroom with built in robes
Shower and toilet

2nd Floor

Flat B
Lounge leading to
Fitted Kitchen
Bedroom
Bathroom comprising a 3 piece suite with shower over the bath

43D Rossall Road
Lounge/bedroom
Kitchenette
Shower and toilet

EXTERIOR: Forecourt/car parking to the front for 3 motor vehicles.
Car park to the rear providing car parking for 2 motor vehicles.
Enclosed paved garden area for flat 43D.

AGENTS NOTES: All flats are all separately metered. With intercom
The property is double glazed. We are informed there is a fire alarm system up to standard regulations.

BUSINESS: We are informed that the barbers shop is leased to a tenant at a rent of £4,932 per annum.
Flat A, B & D draws £85.00 per week.
Flat C draws £85.00 per week.

Combined Rental Income when fully let £22,352 per annum.

RATES: Rateable value £3,700 taken form the VOA website 12/11/15

TENURE: Freehold

VIEWING: By appointment through Kenricks.
Tenure: Freehold

Listed by: Paul Crossley Kenrick & Co.
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