FOXHALL ROAD/ DALE STREET, BLACKPOOL, LANCASHIRE, FY1
Investment - Mixed Use
For Sale: £300,000 for the freehold
Key Features
RENTAL INCOME POTENTIAL: £63,000 PA PLUS
MIXED USE INVESTMENT PROPERTY
IDEALLY LOCATED IN CENTRAL BLACKPOOL
WITHIN WALKING DISTANCE OF THE PLANNED INDOOR ENTERTAINMENT PARK DEVELOPMENT SITE (STPP) - BLACKPOOL CENTRAL
COMPRISES A LARGE GROUND FLOOR COMMERCIAL PREMISES THAT CAN BE LET AS A WHOLE OR SPLIT INTO SMALLER UNITS
12 FLATS TO THE UPPER FLOORS
5 NO. FLATS ARE IN NEED OF REFURBISHMENT AND ARE PRESENTLY VACANT
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
This investment / re-development property boasts:
- Potential to generate a combined rental income of £63,000 per annum (plus), from the commercial space and all flats.
- A ground floor, large commercial premises with a rental income potential of £10,000 pa.
- The commercial space could be let as a whole or split into smaller units.
- Above and set over the first and second floors are up to 12 no. flats.
- Rental income potential for all flats: £53,000 pa.
- Average rental income per flat is £85 per week.
- 5 no. flats are in need of re-furbished prior to re
letting.
- The residential accommodation could be re-designed or re-configured to suit differing requirements.
- There is potential to create larger residential units that could be used for Serviced Accommodation or Holiday Lets (subject to planning permission).
- This is an excellent investment opportunity.
Internal viewings are available by prior appointment.
