Investment - Mixed Use

117 HIGHFIELD ROAD, BLACKPOOL, LANCASHIRE

For Sale £159,950 for the freehold

  • MIXED USE INVESTMENT PROPERTY
  • GROUND FLOOR COMMERCIAL PREMISES LEASED TO A WEDDING DRESS STUDIO
  • SEPERATELY ACCESSED RESIDENTIAL FLAT TO THE FIRST AND SECOND FLOORS
  • RENTAL INCOME*: £15,284 PA EXC. RISING TO £15,784 PA EXC. IN AUGUST '24
  • INTERNAL VIEWING RECOMMENDED
  • EXCELLENT TRADING AND CONVENIENT LOCATION

Description

The property comprises: - a ground floor commercial premises, leased to a Wedding Dress studio. - the upper two floors are a residential flat providing three bedrooms. - the ground floor commercial premises is let at £8,000 pa exc, this rent rises to £8,500 pa circa August 2024. - rental income level for the 3 bedroom flat is £7,284 pa exc. -Combined rental income: £15,284 pa exc (a present and when fully let). - The ground floor premises is well presented and decorated to a high standard. - the residential flat is accessed separately from the rear and offers deceptively spacious accommodation. Internal viewings are available by prior appointment.
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