Investment Properties for sale in Blackpool

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Comprising Leased Shop & 3 S-C Flats

Blackpool, Lancashire, England

  • Freehold Price: £229,950 Starting Bid
Seller Reference: INV496L
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: INV496L
Request Details
Business Description
* Investment Property
* Comprising Leased Shop & 3 S-C Flats
* South Shore, Blackpool
* Double Fronted Detached Property
* Desirable Location
* In Good Order Throughout
* Draws over £26,000 per annum
* Viewing Recommended

DESCRIPTION: **FOR SALE BY AUCTION**
On behalf of Pattinson Auctions, Kenricks are pleased to offer this substantial double fronted detached property comprising a Leased Convenience Store and 3 self-contained flats for sale.

The premises are situated in the busy and popular all year round trading location of Lytham Road in South Shore, Blackpool.

451 Lytham Road
Ground Floor – Shop (approx. 756sq ft).
Main Shop with suspended ceiling and shelving to walls.
Storeroom.
Kitchen Area.
Toilet.
Additional Storage.

451a Lytham Road
Separate Entrance leading to:

First Floor
Lounge (approx. 265sq ft).
Fitted Kitchen (approx. 68sq ft) with wall and base units.
Bedroom (approx. 148sq ft).
Bathroom (approx. 63sq ft) comprising three piece suite with shower over bath.
Storeroom. 

453a Lytham Road
Ground Floor
Lounge (approx. 190sq ft).
Bedroom (approx. 112sq ft) with built-in robes.
Fitted Kitchen (approx. 58sq ft) with wall and base units.
Bathroom (approx. 34sq ft) comprising three
piece suite with shower over bath.

453 Lytham Road (Maisonette)
Separate Entrance leading to:

First Floor
Lounge (approx. 199sq ft).
Fitted Kitchen (approx. 72sq ft) with fitted wall and base units.
Bathroom comprising three piece suite.

Second Floor
Bedroom (approx. 177sq ft).
Bedroom (approx. 132sq ft).

EXTERIOR; Driveway to the side of the property leading to a gated secure yard and outbuilding approx. 368sq ft which is used as additional storage for the shop.

AGENTS NOTES: The property has double glazing and central heating is installed in all flats. All flats are separately metered.
Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed the shop is leased on a 10yr Lease from July 2019 at a Rent of £866.66 per calendar month. The flats are tenanted on shorthold tenancy agreements. Flat 451a draws £433.33 pcm. Flat 453a draws £390 pcm. The Maisonette (453) draws £520 pcm. Total annual income is £26,519.88.

TENURE: Freehold.

VIEWING: By appointment through Kenricks 01253 420420.
Location Details:
South Shore, Blackpool
Listed by:
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