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114-116 ALBERT ROAD, (FORMER MALIBU HOTEL), BLACKPOOL, FY1 4PN

Investment - Devlp. Potential

For Sale: £195,000

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SOLD

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Key Features

PLANNING PERMISSION TO BE CONVERTED INTO 8 NO. 2 OR 3 BEDROOM APARTMENTS/FLATS

EXCELLENT INVESTMENT OPPORTUNITY

PLANS AVAILABLE ON REQUEST

RENTAL INCOME POTENTIAL: CIRCA. £52,000 PA

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

The property has planning permission to be converted into four no. 2 bedroom flats and for four no. three bedroom flats (one of which will be a duplex flat).

Plans are available on request via our office. Additional information can be viewed at Blackpool Borough Council Planning portal via reference number 14/0475.

We are informed that the property is generally in good condition and was refurbished in 2011 with new electrics, plumbing and heating at the time. We are informed that the property benefits from 2 no. boilers and an L2 fire alarm system. This work was all carried out whilst the property was still an operational hotel.

What are we like to work with?

"I have used Duxbury’s Commercial now for over 10 years and they always provide an excellent service whether it be property lettings, sales or valuations. Clare in particular goes out of her way to help and always keeps me updated throughout. An excellent commercial agency and would highly recommend"