281 Church Street, Blackpool, Lancashire, FY13PB
Investment Retail Investment - Mixed Use
For Sale: £280,000
WITHDRAWN
Key Features
RETAIL INVESTMENT PROPERTY
PROMINENT CORNER LOCATION
GROUND FLOOR & CELLAR ACCOMMODATION
TENANTED ON A 12 YEAR LEASE- EXPIRES OCTOBER 2014
LEASE RENTAL £25,500 PER ANNUM
VIEWING STICTLY BY PRIOR APPOINTMENT ONLY
How to find out more…
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Property description
Location: This retail unit occupies a prominent corner location fronting onto Church Street which provides ease of commuting into the town centre. Church Street comprises of a selection of Estate Agents, established businesses and connects onto Devonshire Road and Whitegate Drive at the main crossroads with Newton Drive. Ease of commuting is available to dense surrounding residential locations and national retailers with restricted on street parking options available. Description: This ground floor retail unit is occupied by Dan Kerr Brides on a 12 year lease which commenced October 2002. A copy lease is available on request from our office following an initial viewing to the property. Dan Kerr Brides occupy the retail unit as a tenant with an annual rent passing of £25,500. We understand the rental is paid over an 11 month period. Dan Kerr Brides have additional branches in Preston and Blackburn and represents a strong regional covenant. No direct approach is to be made to the tenant or business in relation to the sale of the retail unit. The sale is of an investment nature and the business in occupation is not affected in any way. Directions: Proceed along Whitegate Drive (A583) towards the crossroads with Church Street and Devonshire Road. Turn left at he crossroads opposite the No 3 Public House onto Church Street. Continue along Church Street towards the town centre where the unit can be found on the left hand side. Accommodation: The retail unit measures approx 2,826 sq ft (263 sq m) NIA. The lower ground floor consists of cellar storage and measures approx 480 sq ft (44.6 sq m) The ground floor retail unit is configured to provide L- shaped prime retail space leading into fitting rooms. The rear of the ground floor provides additional workshop, office, consultation and storage accommodation. The unit has kitchen & WC facilities. Exterior: Allocated parking positions available to the retail unit. Lease Term: 12 year lease with no break options, the lease commenced on October 2002 and expires on October 2014. The lease is subject to three yearly rent reviews, next due date 1st October 2008. Tenure: To be confirmed by the vendor Viewing: Strictly by a prior appointment 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.