Investment Property Comprising Leased Shop and Separate 1 Bed Apartment
Investment Property Comprising Leased Shop and Separate 1 Bed Apartment
Overview
Description
* Investment Property Comprising Leased Shop
and Separate 1 Bed Apartment
* Layton Blackpool
* Busy All Year Round Trading Location
* In Excellent Order Throughout
* Currently Draws £10,400 per annum
* Priced to Sell
* Potential to Increase Income
* Viewing Recommended
DESCRIPTION: **FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are delighted to offer this Investment Property for sale.
The property comprises a Ground Floor Retail Unit which is currently leased on a 5yr Lease as a well-known and popular sunbed business and a 1 Bedroom Duplex Apartment which is Let on a shorthold tenancy.
This 3 storey property is situated in a row of shops in the desirable and popular trading location of Westcliffe Drive in Layton Blackpool.
Viewing recommended.
Ground Floor (approx. 675sq ft)
Main Entrance leading to:
Sunbed Shop with reception area and fitted counter with feature timber slat wall.
Sun Shower Room 1.
Sunbed Room 2.
Waiting Area.
Toilet.
Storeroom/Staffroom.
Sunbed Room 3.
Treatment Area.
Sunbed Room 4.
Separate Entrance leading to Apartment:
Hallway leading to staircase.
First Floor Apartment
Open Plan Lounge with concealed lighting.
Fitted Kitchen with wall and base units and concealed lighting.
Bathroom with tiled floor comprising of 3 piece suite and French doors.
Second Floor
Bedroom with Velux windows.
EXTERIOR: Open yard area to the rear which could be used for car parking.
AGENTS NOTES: The first floor apartment is centrally heated and double glazed. Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed that the ground floor is Leased on a 5 year Lease from December 2022 at a Rent of £5,200 pa. The apartment above is Let on a shorthold tenancy at a Rent of £100 pw. The property draws £10,400 per annum.
TENURE: Freehold.
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
Is this business relocatable:
Is stock included:
Listed By:
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