161, BLACKPOOL OLD ROAD, POULTON-LE-FYLDE, LANCASHIRE
Investment - Mixed Use
For Sale: offers in excess of £189,950
Key Features
LARGE GROUND FLOOR COMMERCIAL PREMISES, PRESENTLY LEASED OUT TO A TENANT
SEPARATELY ACCESSED FIRST FLOOR APARTMENT, ALSO TENANTED
SEPARATE GARAGE TO THE REAR - OWNER OCCUPIED BUT COULD BE RENTED
LOCATED ON BUSY PARADE OF SHOPS
PARKING TO FRONT & GARAGE TO REAR
SOUGHT AFTER LOCATION WITH DENSE RESIDENTIAL AREAS SURROUNDING
RENTAL INCOME POTENTIAL: £18,720 PA EXC.
How to find out more…
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Property description
The building comprises:
- Large ground floor commercial premises, let out to a Barbers on a new lease.
- Separately accessed First Floor Residential Apartment.
- Separate Garage to the rear.
- The Ground Floor Shop and First Floor Residential Apartment are rented out.
- The garage is owner occupied but can be made vacant on completion of a sale.
- The rental income potential combined is approx. £18,720 pa exc.
This is an excellent opportunity to purchase a mixed use property that provides an approximate 10% return. Fantastic building, in a sought after location, with a wealth of passing trade and convenient position.