251-253 PROMENADE, BLACKPOOL, LANCASHIRE, FY1
Investment - Mixed Use Investment
For Sale: £449,500 for the freehold
Key Features
LARGE GROUND FLOOR COMMERCIAL PREMISES LEASED OUT TO FISH & CHIP SHOP BUSINESS
2 X 3 BEDROOM LUXURY APARTMENTS SET OVER FIRST & SECOND FLOORS
INCOME: £42,600 P.A EXC
PRIME TRADING LOCATION ON PROMENADE CLOSE TO PLEASURE BEACH & A WEALTH OF TOURIST ATTRACTIONS
SIMPLY HAVE TO BE VIEWED INTERNALLY TO BE APPRECIATED
ALL INTEREST & ENQUIRIES WELCOME
How to find out more…
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Property description
The building comprises:
A large ground floor commercial Premises leased to a Fish & Chip Shop / Restaurant business.
Rental: £2,000 per month / £24,000 pa exc.
This is an ideal location for a Fish & Chips shop operation. Benefitting from the wealth of passing pedestrian and vehicle trade provided by the world famous Blackpool Promenade.
Set over the First & Second Floors:
2 x three bedroom Luxury Apartments.
Apartment 1 - £775 per month / £9,300 pa exc.
Spacious and open plan Lounge through to fitted Kitchen. Double Bedroom with en-suite Shower room, Double Bedroom 2, Double Bedroom 3 and Bathroom
Apartment 2 - £775 per month / £9,300 pa exc.
Spacious Lounge, separate fitted Kitchen with Dining space. Double Bedroom 1, Double Bedroom 2, Bathroom. The Second Floor is an additional Family sized Bedroom (sleep 6) with En-suite Shower room.
Total Combined Rental Income: £42,600 pa.
The apartments have been developed to provide a high standard of accommodation. The luxury apartments are let out via AST Agreements at present but have previously (and could again in the future) be let out for Serviced Accommodation / Holiday Lets (subject to planning).
