8 & 8a , MARKET SQUARE, LYTHAM, LANCASHIRE
Investment - Mixed Use
For Sale: £475,000 for the freehold
SOLD
Key Features
PRIME, LYTHAM TOWN CENTRE, INVESTMENT
PRESENTLY VACANT GROUND FLOOR SHOP
THE SHOP IS IDEAL FOR AN OWNER OCCUPIER
OCCUPIED GROUND FLOOR OFFICES
TENANTED ONE BEDROOM FLAT TO THE FRONT
ADDITIONAL REAR STUDIO FLAT IDEAL FOR LETTING LONG TERM OR SHORT HOLIDAY LETS - STPP
BUSY LOCATION WITH A WEALTH OF PASSING VEHICLE AND PEDESTRIAN TRADE
(THE SHOP IS BEING MARKETED FOR LEASE ALSO)
EXCELLENT RENTAL INCOME POTENTIAL OF c. £43,000 PA OR MORE SUBJECT TO FUTURE USE
How to find out more…
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Property description
This prime investment building comprises:
- A presently vacant ground floor shop premises. This shop is being marketed for lease at £24,500 pa exc. It is a deceptively spacious shop premises with rear storage and loading door.
- Ground Floor offices occupied by a firm of Solicitors. Rental income: £5,400 pa exc.
- One bedroom (plus Attic room) Flat accessed from the rear of the property but with a view to the front from the Lounge. Rental income: £7,800 pa exc.
- Studio Flat: ideal for rental or owner occupation. The flat could be let out on a permanent basis or let for Holiday stay, STPP.
- Combined rental income: circa £43,000 pa exc or higher dependent on uses.
