162 Waterloo Road, South Shore, Blackpool, Lancashire, FY4 2AF

Property description

Location: This flat investment property and site occupies a location on Waterloo Road providing ease of commuting throughout the town of Blackpool. Waterloo Road connects onto the Promenade and provides access to a multitude of tourist attractions, local shops and amenities. Waterloo Road also connects onto Preston New Road which commences access onto the M55 motorway at Junction 4. Local shops and businesses are found nearby, a public house and residential locations. Description: This semi detached property consists of eight self contained permanent flats. The property benefits from a Certificate of Lawful development. Vehicular access is available to the side of the property leading to a rear parking area suitable for several vehicles. This area also provides access to a rear dilapidated property offering the potential for development. (Subject to planning permission.) On site viewing, strictly by prior appointment, is necessary to appreciate the potential of this property. Description: This semi detached property consists of eight self contained permanent flats. The property benefits from a Certificate of Lawful development. Vehicular access is available to the side of the property leading to a rear parking area suitable for several vehicles. This area also provides access to a rear dilapidated property offering the potential for development. (Subject to planning permission.) On site viewing, strictly by prior appointment, is necessary to appreciate the potential of this property. Directions: Proceed down Waterloo Road towards the coast continuing over the crossroads with St Annes Road. Continue down Waterloo Road past a public house on the right hand side where the property can then be found on the right hand side. Rental Income: We are informed by the vendor: Flat 1: £90 per week, Flat 2: £90 per week, Flat 3: £90 per week, Flat 4: £95 per week, Flat 5: £90 per week Flat 6: £95 per week, Flat 7: £85 per week (when developed), Flat 7: £85 per week (when developed). We are informed the current rental income is £550 per week = £28,600 per annum. (Total rent potential with Basement flats developed = £37,440 per annum). Viewing: Strictly by prior arrangement through our office Disclaimer: The sales particulars have been produced with information provided by the owner/occupier or landlord and are made in good faith without any responsibility whatsoever on the part of Duxburys Commercial. It is for the purchaser or as the case may be the lessee to satisfy themselves by inspection or otherwise, as to the accuracy or fullness of the information. They must not in entering into any contract or incurring costs or otherwise rely upon these particulars as statements or representations of facts.