262-266, TALBOT ROAD, BLACKPOOL, LANCASHIRE
For Sale £300,000 offers in excess of
- THREE SELF-CONTAINED RESIDENTIAL FLATS, PRODUCING A COMBINED RENTAL INCOME OF CIRCA £14,040 PA
- THE OWNER / SELLER WILL REMAIN IN THE GROUND FLOOR PREMISES FOR A 12 MONTH PERIOD, POST SALE, AT A RENT OF £20,000 PA* (SUBJECT TO CONTRACT)
- COMBINED RENTAL INCOME POTENTIAL c. £34,040 PA
- DECEPTIVELY SPACIOUS GROUND FLOOR RETAIL WAREHOUSE PREMISES WITH STORE ROOMS
- CAR PARKING AND LOADING TO THE SIDE
- COULD BE SPLIT INTO TWO SEPARATE UNITS, CREATING A WORKSHOP UNIT TO THE SIDE
Description
This mixed-use property comprises: - A deceptively spacious, ground floor retail warehouse premises. - Historically, the ground floor was split into two separate units and this could become the case again in the future if required. - In addition to the retail warehouse space, there is additional storage space,an office and two no. WC's. - The property benefits from excellent frontage onto the main arterial route which is Talbot Road. - To the side of the property is off road car parking and vehicle loading space. - There is a separate ground floor entrance with stairs leading up to 3 no. residential flats that can produce a rental income of £14,040 per annum exclusive. - This is an excellent opportunity for an owner occupier / operator to purchase the building to place their own business in the ground floor, which will become vacant following the exchange / completion of a sale. - It is also an excellent investment opportunity as the ground floor premises would lease to provide a rental income in the region of £20,000 per annum exclusive. - The seller and business owner will also sign a 12 month tenancy from the date of completion of the sale, subject to contract. - The combined rental income potential of the whole building is therefore circa £34,040 per annum exclusive.
