23 CLIFTON STREET, LYTHAM, LANCASHIRE, FY8 5EP
Investment Investment - Mixed Use
For Sale: £255,000
SOLD
Key Features
***Sold ***
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
This commercial premises occupies a prime location in Lytham town centre. It is located on the main thoroughfare of Clifton Street. The location benefits from a wealth of passing pedestrian and vehicle trade. Lytham Green and dense surrounding affluent residential areas are nearby.
DESCRIPTION
The property is presently occupied as a whole by Lytham Police Station, who has a lease that is due to end in March 2015. The rental payable at present is £17,000 pax. Lytham Police Station may vacate the property earlier than the lease end date (subject to negotiation with the present Landlord).
The rental income potential of the building is circa £20,000 pax (dependant on use and configuration of the building).
The property offers a wealth of potential to be converted back into a separate shop and separately accessed Duplex Apartment above.
The property can be occupied by an owner occupier as a whole or in part. It would also represent a strong investment property to be rented out again as a whole or in two parts.
Internal viewings are highly recommended to appreciate the depth and extent of the property available. Viewings are by prior appointment through our office on 01253 316 919. No direct approach is to be made to the tenants.