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37-39 ST ANDREWS ROAD SOUTH, ST ANNES ON SEA, LYTHAM ST ANNES, LANCASHIRE, FY8 1PZ

Flat Restaurants Investment - Mixed Use Investment - FlatsHMOs

For Sale: £450,000

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SOLD

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Key Features

**Sold**

How to find out more…

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Property description

Duxburys Commercial are delighted to offer for sale this mixed use property comprising of a ground floor restaurant premises and 6 flats. Access to the left hand side of the building leads to a rear communal entrance leading to 3 no. self-contained flats. Access to the right hand side of the building again leads to a communal entrance and a further 3 no. residential flats.

The restaurant premises is presently vacant but has up until the recent past been operated as an Italian restaurant, with a bar and outside drinking/dining space. The premises is still fitted out as a restaurant and is prime for a new operator to reopen and continue as a restaurant business. The premises provides a "U" shaped dining room, with a centrally positioned bar. To the rear of the ground floor is the commercial kitchen, customer WC's, staff quarters and storage rooms.

The first floor comprises 6 no. self-contained residential flats. Flats no. 1, 2 and 3 are accessed from the right hand side of the building. Flats no. 4, 5 and 6 are accessed from the left hand side of the building. The flats in general provide modern / upgraded accommodation and decoration. Each flat provides a fitted kitchen and lounge or a lounge/dining area/kitchen concept. Separate bedroom(s) and fitted bathroom/shower rooms.

The flats would be suitable for owner occupation or to be let out to produce a rental income and internal viewings are highly recommended for the accommodation to be appreciated. This mixed use building could be purchased by an owner occupier or for investment purposes.

It represents an excellent investment opportunity in the popular town of St Annes on Sea, Lytham St Annes.
The 6 no. residential flats are all at present vacant. The flats appear to have been converted/developed over the recent past however no exact details are available to the agent. It is also unknown whether all 6 no. flats are connected to gas, water or electricity meters as yet. All interested parties are to make their own enquiries and investigations into the immediate ability to occupy or let out the flats.

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"