Investment Properties for sale in Thornton Cleveleys

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Investment Property Comprising 6 Self Contained Flats and Restaurant/Commercial Unit

Thornton Cleveleys, Lancashire, England

  • Freehold Price: £349,950
Seller Reference: INV421L
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Business Description
 
 
 
 
 
 
 
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Seller Reference: INV421L
Request Details
Business Description
* Investment Property Comprising 6 Self
Contained Flats and Restaurant/Commercial
Unit
* Cleveleys, Lancashire
* Close to Town Centre, Promenade,
And Entertainments
* Substantial Double Fronted Property
* When Fully Let Draws £38,896 pa
* Potential to Develop Commercial Unit
* Low Rent, Flexible Terms
* Suitable for a Number of Uses
* Car Parking for 7 Motor Vehicles
* Viewing Highly Recommended

DESCRIPTION: Kenricks are pleased to offer this
Investment Property comprising 6 Self Contained
Flats and Restaurant For Sale.

This substantial double fronted property is situated
in the all year-round trading location of Beach Road
in the popular Town of Cleveleys.

The Restaurant is currently not trading but formerly
traded as Thai By Night but is suitable for another
Restaurant or other uses.

Alternatively the Restaurant could be converted into additional residential flats if desired and subject to planning permission.

Viewing highly recommended.

Ground Floor
Main Restaurant (approx. 1,790 sq. ft)
Open Plan Bar Restaurant with fitted feature Bar and Dining Area with wood effect flooring and concealed lighting.
Toilets x 2
Kitchen with non-slip flooring, extraction unit and walk in Fridge.
Still Room

Separate Entrance to Flats
Flat 1
Open plan Lounge/Fitted Kitchen.
Bathroom comprising 3 piece suite.
Bedroom.

First Floor

Flat 2
Open Plan Lounge/Fitted Kitchen.
Bathroom comprising 3 piece suite.
Bedroom.

Flat 3
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Shower and Toilet.

Flat 4
Lounge leading to Fitted Kitchen,
Bedroom 1.
Bedroom 2.
Bathroom comprising 3 piece suite with
shower over bath.

Second Floor

Flat 5
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Shower and Toilet.

Flat 6
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Bathroom comprising 3 piece suite.

EXTERIOR: Forecourt to the front with Car parking for 3 Motor Vehicles.
Car Park to the rear for an additional 4 Motor Vehicles.

Business: We are informed that Flat 1 and Flat 2 each draw £85.00 per week. Flat 3 and 4 each draw £114.00 per week. Flat 5 and 6 each £95.00 per week. If let the Restaurant would draw £160.00 per week.

AGENTS NOTES: Inventory for catering unit can be purchased at separate negotiation if required. All flats have their own central heating boiler and have individual services. All Flats have individual intercom systems.

TENURE: Freehold

VIEWING: By appointment through Kenricks 01253 420420.
Tenure:
Freehold
Location Details:
Close to Town Centre, Promenade and Entertainments
Listed by:
Request Details

Find out more about this business opportunity.

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