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Ref: 6814
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Investment - Mixed Use

2, THE CRESCENT, ST ANNES ON SEA

For Sale £185,950 offers in excess of

  • LARGE DUPLEX, TWO BEDROOM APARTMENT SET OVER THE FIRST AND SECOND FLOORS, BOASTING A LOUNGE, DINING ROOM AND FITTED KITCHEN
  • GROUND FLOOR CAFÉ WITH BASEMENT FLOOR
  • REAR YARD AREA AND GARAGE
  • LOCATED IN ST. ANNES TOWN CENTRE
  • DECEPTIVELY SPACIOUS PROPERTY
  • INTERNAL VIEWING HIGHLY RECOMMENDED
  • COMBINED RENTAL INCOME POTENTIAL £16,820 PA
  • VIEWING ESSENTIAL BY APPOINTMENT

Description

A mixed-use investment property located in St Annes Town Centre: - Ground floor commercial premises, set over the ground and lower ground floors - Duplex Residential Flat which is set over the first and second floors, separately accessed from the front. - Café rental income: £10,000 pa exc. Remainder of a 5 year lease on effective FRI terms. - The flat will be vacant in a couple of weeks and has the rental income potential of £8,400 pa exc - Garage, that can be let for £520 pa. - Combined rental income potential: £16,820 pa exc - The ground floor is of a lettable nature. - Internal viewing highly recommended.
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