33 Chapel Street/2 Coop Street, Town Centre, Blackpool, Lancashire, FY1 5AW

Property description

Description: This investment property comprises of five self contained permanent flats and a retail unit to the ground floor. The property has recently undergone a schedule of upgrades by the present owner and internal viewings are recommended to appreciate the accommodation on offer. The retail unit benefits from roller shutters and a front entrance off Chapel Street. It can also be accessed via a side door on Coop Street. Cellar storage rooms and potential to combine with the rear ground floor residential flat and shop. We are informed that the property has recently undergone a schedule of rewiring and redecoration. Location: This mixed use investment property occupies a location on Chapel Street within Central Blackpool. Chapel Street connects onto Central Drive and the Promenade providing ease of commuting options throughout the town. Local shops, amenities, public car parks and a wealth of tourist attractions are nearby. The property is located on the corner of Chapel Street and Coop Street. Agents Notes: The property has recently been upgraded by the present owner through a schedule of upgrades. The flats are in the process of being let by the present owner on AST agreements. The rental figures stated are based on the previous rents achieved by the current landlord. The retail unit is currently being marketed for lease at an asking rental of £120 per week. We are informed that the retail unit benefits from an off license use. Rental Income: 5 x residential flats = £450 per week Retail shop = £120 per week Total rental income (potential) £570 per week (£29,640 per annum). Viewing: Strictly by prior arrangement through Duxburys Commercial 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.