11b, DALE STREET , BLACKPOOL, LANCASHIRE, FY1
Investment - Mixed Use
For Sale: £170,000 for the freehold
Key Features
GROUND FLOOR LOCK UP / STORAGE / RETAIL UNIT APPROX. 3,780 SQ FT
PRESENTLY LET ON A LICENCE AGREEMENT AT £5,000 PA EXC FOR STORAGE. RENTAL POTENTIAL £5,000 - £10,000 PA - SUBJECT TO WORKS
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
7 X FLATS TO THE FIRST FLOOR - RENTAL INCOME POTENTIAL £32,760 PA EXC.
COMBINED RENTAL INCOME POTENTIAL: £37,760 - £42,760 PA EXC.
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, large commercial premises with a rental income potential of £5,000 - £10,000 pa exc.
- The ground floor is presently let on a license agreement, for storage use, at £5,000 pa we are informed.
- The commercial space could be let as a whole or split into smaller units.
- Above and set over the first floor are 7 flats.
- Rental income potential for all flats: £32,760
- Average rental income per flat is £90 per week.
- 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.
- Combined rental income potential: £37,760 pa - £42,760 pa exc.
Internal viewings are available by prior appointment.
