Restaurants for sale in Blackpool

View the "PROMENADE FLATS & RETAIL UNIT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £650,000 Price Reduced Under Offer
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Business Description
• EXCELLENT INVESTMENT OPPORTUNITY
• POTENTIAL INCOME £90,000 + PA
• FLAT INCOME CIRCA £30,000 PA
• RETIREMENT SALE / EPC D

BLACKPOOL PROMENADE - PERMANENT FLATS & RETAIL OPPORTUNITY - (FULL LICENCE UNTIL 5am SUITABLE FOR THEME PUB/CLUB OR SIMILAR) APPX 3500 sq ft OF HOT FOOD RETAIL ON THE GROUND FLOOR (ADDITIONAL FORECOURT APPX 1550 sq ft) PLUS 6 FIRST & SECOND FLOOR PURPOSE BUILT APARTMENTS -

GROUND FLOOR ARRANGED AS - LICENSED RESTAURANT/TAKE-AWAY - 1 COFFEE SHOP - 2nd TAKE-AWAY - 1 FORECOURT FANCY GOODS RETAIL UNIT - 1 DOUBLE CATERING UNIT - ALL FLATS CURRENTLY LET - IMPOSING CORNER POSITION - LICENSED FROM 11am TO 5am - POTENTIAL RENTAL INCOME IRO £90,000 + - SAME OWNERS 14YRS - RETIREMENT SALE - NO APPROACHES !!STAFF!!!!!!

Occupying an enviable corner position on Blackpool's Promenade directly next to Yates's is this mixed use retail and permanent flat opportunity. The flats are purpose built across first and second floors and currently produce an income of £30,000 + per Annum. It is anticipated that when let, the Promenade Take-aways and forecourt could attract an income in the region of £60,000 Per Annum. There is of course the alternative that any prospective purchaser could choose to operate the Promenade units for themselves or consider a re-development as full vacant possession is available if required.

GROUND FLOOR: UPVC entrance to RESTAURANT / COFFEE BAR - A fully equipped double unit which is divided in two parts - PART 1 - FISH & CHIPS PIZZA /KEBAB - with non-slip floors, suspended ceiling - Customer seating, Stainless steel 4 pan range , 4 Deep fryers, Kebab Rotisserie, Stainless Steel Fridges,Bain Maries, EPOS system, Extraction System (A full inventory will be supplied) -

PART 2 COFFEE BAR - Separate entrance to air conditioned seating area both fixed & couch seating, feature coffee bar servery area, -- Rear customer W.C.'s -- REAR KITCHEN PREPARATION AREA x 2 with a range of fridges, chippers, rumblers and associated equipment.

2nd TAKEAWAY fronting a nearby road with Separate UPVC entrance - part equipped with extraction system -

FORECOURT TRADING - 1 x Purpose built Fancy goods stall ---- 1 x Double catering Unit

It is believed that when fully let all these units could attract somewhere in the region of £60,000 Per annum. All units are operating presently and have done for the past 14yrs. Vacant possession is available.

APARTMENTS: A number of units overlook the sea and at the time of inspection were fully let. There is scope for rental uplift.

FIRST FLOOR: FLAT 1 Separate Lounge - Separate Kitchen - Separate Bathroom - Separate Bedroom - FLAT 2 -- Separate Lounge - Separate Kitchen - Separate Bedroom 1 - Separate Bedroom 2 - Separate Bathroom - FLAT 1A - Separate Lounge - Separate Kitchen - Separate Bedroom 1 - Separate Bedroom 2 - Separate Bathroom.

SECOND FLOOR: FLAT 3 - Separate Lounge - Separate Kitchen - Separate Bathroom - Separate Bedroom - FLAT 4 - Lounge/Kitchen - Separate Bedroom 1 - Separate Bedroom 2 - Separate Bathroom - FLAT 5 - Separate Lounge - Separate Kitchen - Separate Bedroom 1 - Separate Bedroom 2 - Separate Bathroom

SERVICES: We are advised that all the flats have separate electric and water whilst one of the flats has gas central heating. We are also advised that the commercial aspect has III phase electric, gas and water.

BUSINESS: FLAT 1 - £120 p/w --- FLAT 2 --- £96 p/w --- FLAT 1 A --- £103.50 p/w --- FLAT 3 --- £98 p/w --- FLAT 4 --- £100 p/w ----- FLAT 5 --- £65 p/w

EXTERIOR: Forecourt seating & 2 Promenade trading Units.

LICENSING HOURS: 23:00 Hrs - 05:00am ----- 11:00 am ----- Midnight

Tenure: Freehold

Location Details: South Promenade,BLACKPOOL

Listed by: Broomheads Commercial Estate Agents
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