46, FOXHALL ROAD , BLACKPOOL, LANCASHIRE, FY1
Investment - Mixed Use
For Sale: £110,000 for the freehold
Key Features
GROUND FLOOR COMMERCIAL UNIT(S): 1,220 SQ FT
5 X RESIDENTIAL FLATS TO THE UPPER FLOORS
COMBINED RENTAL INCOME POTENTIAL £28,400 PA - £31,400 PA EXC.
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
THE PROPERTY IS IN NEED OF SOME REFURBISHMENT AND OFFERS EXCELLENT POTENTIAL TO ADD VALUE
BIDDING OPENS: 27/04/23 - VIA AUCTION HOUSE NORTH WEST www.auctionhouse.co.uk
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:
- A ground floor commercial premises with a rental income potential of circa £5,000 - £8,000 pa.
- The ground floor commercial space could be let as a whole or split into smaller units.
- Ideal for storage and small business use, for the high volume of hotels and retail businesses in the area etc.
- Above and set over the first and second floors are 5 x residential flats.
- Rental income potential for all flats combined circa £23,400 pa exc.
- Average rental income per flat is £90 per week.
- Combined rental income potential c. £28,400 - £31,400 pa exc.
- 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.
- Some refurbishment and work required internally.
Internal viewings are available by prior appointment.
