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Restaurant & 7 (S-C) Holiday Flats, South Shore, Blackpool

Price:
Freehold - £320,000
Seller Ref:
inv495J
Location:

Lancashire , South Shore, Blackpool

Business Type:

Commercial Property, Food Service Businesses, Hotels

See Other:
Restaurants for sale in Lancashire
Holiday flats/apartments for sale in Lancashire
Investment properties for sale in Lancashire
Other commercial property for sale in Lancashire
Food service businesses for sale in Lancashire
Hotels for sale in Lancashire
Commercial property for sale in Lancashire
Description:
THE BUSINESS:
* Investment Property
* Restaurant & 7 (S-C) Holiday Flats
* South Shore, Blackpool
* Close to Entertainments & Amenities
* Substantial Property
* Tremendous Potential
* Viewing Recommended

DESCRIPTION: Kenrick and Co., are delighted to offer
this substantial 4 storey block of 7 holiday flats and ground
floor restaurant for sale.

The property is situated in the busy South Shore district of
Blackpool, being close to many entertainments and amenities.

Ground Floor
Restaurant (approx 585sq ft) with ladies and gents toilets.
Kitchen (approx 147sq ft).
Washing Up Area (approx 135sq ft).
Cellar Area (approx 334sq ft)

Separate Entrance leading to Flats.

First Floor

Flat 1
Lounge/Kitchen.
Bedroom.
Shower and Toilet.

Flat 2
Lounge.
Separate Kitchen.
Bedroom.
Shower and Toilet.

Flat 3
Lounge.
Separate Kitchen.
Bedroom.
Shower and Toilet.


Second Floor

Flat 4
Lounge/Kitchen.
Bedroom.
Shower and Toilet.

Flat 5
Lounge.
Separate Kitchen.
Bedroom.
Shower and Toilet.

Flat 6
Lounge.
Separate Kitchen.
Bedroom.
Shower and Toilet.

Third Floor

Flat 7
Lounge.
Separate Kitchen.
2 Bedrooms.
Shower and Toilet.

AGENTS NOTES: 3 Phase electricity supply to the Ground Floor Restaurant. Each Flat has electric meters.

BUSINESS: We are informed the Ground Floor Restaurant is Leased on a 15yr Lease at an annual Rent of £11,500 per annum. When Let Flats 1 and 4 draw £70 per week. Flats 2,3,5 and 6 draw £75 per week. Flat 7 draws £90 per week. (All Flats are currently Let on Shorthold tenancy agreements).

TENURE: Freehold.

PRICE: £320,000

VIEWING: By appointment through Kenrick & Co.
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