24 The Crescent, St Annes, Lancashire, FY8 1SZ
Investment Takeaways
For Sale: £129,950
SOLD
Key Features
*******SOLD SUBJECT TO CONTRACT*************
Retail unit approx 430 sq ft currently let out at £8,000 per annum
Rear Offices/Storage approx 700 sq ft (recently refurb) currently on the market at £3,900 per annum
Strong trading location
Rear car parking spaces - potential to let at £400 per annum each
Viewing strictly by appointment
How to find out more…
If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.
Property description
Location: Prominently situated within a parade of shops fronting onto 'The Crescent', a continuation of St Annes Road West which is a strong trading location within the town centre. National retailers within close proximity include Boots the Chemist, Hampsons, W H Smiths and Ethel Austin. The town of St Annes also offers a wealth of local banks/buildings societies to include Abbey National, Barclays, HSBC and NatWest. The Crescent allows access to a vast predominantly residential area of St Annes providing a large catchment area, ease of commuting is also available along Clifton Drive North and South into the neighbouring towns of Blackpool and Lytham. Ground Floor Retail Unit: Retail width 3.750 m Retail depth 11.581 m (max) 3.140 m (min) Sales Area 40.010 sq m (430.67 sq ft) Rear sales/store 12.032 sq m (129.51 sq ft Rear sales/store 5.343 sq m (57.51 sq ft) Kitchen 4.433 sq m (47.72 sq ft) WC The tenant also has the opportunity to rent a car parking space to the rear at £400 per annum. Lease: The retail unit is let to tenants on a 3 Year FRI Lease that expires December 2009. Rental is set at £8000 per annum. Office Accommodation (to rear 24 The Crescent): Recently refurbished office/storage accommodation with designated car parking. Accessed of Back Crescent Road East offering open plan accommodation extending to approx 65 sq m (700 sq ft), includes a WC facility. Currently on the market at a rental of £3,900 per annum Exterior: Car Parking: There is also the facility for 3 further car parking spaces to be rented out at £400/£500 per annum each; these are situated in a secure area with gate entry. Agents Notes: The flats are subject to 125 year leases, with an annual ground rent of £100 each paid to the owner of the ground floor retail unit.