UNITS & STORAGE BUSINESS PARK, GORTON STREET, BLACKPOOL, LANCASHIRE, FY1
Investment (commercial) Industrial
For Sale: £349,950 offers based on
Key Features
SMALL BUSINESS PARK OF LOCK UP UNITS
COMBINED RENTAL INCOME - £43,385 PA EXC
ADDITIONAL CONTAINER STORAGE & POTENTIAL FOR EXPANSION
DIGITAL ADVERTISING HOARDINGS - GENERATING RENTAL INCOME
SAME OWNERSHIP FOR DECADES, SALE DUE TO RETIREMENT
HARDSTANDING YARD
RETURN FRONTAGE ONTO THE BUSY TALBOT ROAD
How to find out more…
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Property description
The property comprises a small business park incorporating five workshop / lock-up units, an additional storage container and a hardstanding yard area.
The site occupies a prominent position with a return frontage onto Talbot Road, a main arterial route, providing excellent exposure to passing traffic.
A particularly attractive feature of the investment is the presence of digital advertising hoardings fronting the main road, which generate additional rental income. Further details regarding the advertising arrangements are available upon request.
The property currently produces a combined net rental income of £40,694 per annum exclusive, providing an established income stream from the various occupational elements.
The site benefits from a single main electricity supply, with sub-meters serving four of the units. Further information regarding the electricity arrangements is available upon request.
In addition to the existing income-producing use, the site may offer potential for future redevelopment, subject to obtaining the necessary planning permission and statutory consents.
The property is likely to appeal to investors seeking an established commercial income stream, as well as owner occupiers and developers looking for a site with longer-term potential.