Investment Properties for sale in Lytham Saint Annes

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Mixed Investment Property

Lytham Saint Annes, Lancashire, England

  • Freehold Price: £350,000
  • Sale Agreed
Seller Reference: 009783
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Business Description
 
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Seller Reference: 009783
Request Details
Business Description
Substantial detached property in a local parade of shops in Lytham St Annes. Ground floor retail premises and customer parking let by way of a 10 year lease from November 2016 to Co-op Convenience Store at a rent of £20,000 per annum. The upper parts of the building provide two self contained 3 bedroom flats let on shorthold tenancy agreement with a combined rent of £13,500 per annum. Excellent investment opportunity with strong commercial covenant providing a 9.7% yield. Remainder of a 999 year ground lease. Ground rent £34 per annum.
Tenure:
Freehold
Location Details:
Main road position on Headroomgate Road and corner of Ashley Road in a local parade of shops with forecourt customer parking.
Listed by:
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