SHOP / FLAT / REAR BUILDING, 10 ORCHARD ROAD, ST ANNES ON SEA, LANCASHIRE, FY8
Investment - Mixed Use
For Sale: £215,000 offers based on
Key Features
CURRENTLY PRODUCING £19,380 PER ANNUM
OPPORTUNITY TO INCREASE RENTS IN THE FUTURE
THREE SEPARATE OCCUPATIONAL ELEMENTS
GROUND FLOOR SHOP - NAIL SALON
REAR GROUND & FIRST FLOOR COMMERCIAL PREMISES - PASTRIES BUSINESS
FIRST & SECOND FLOOR RESIDENTIAL FLAT
THREE-BEDROOM RESIDENTIAL ACCOMMODATION
IDEAL INVESTMENT FOR PRIVATE OR CORPORATE PURCHASER
How to find out more…
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Property description
The property comprises a substantial mixed-use investment, incorporating commercial and residential accommodation.
The property is currently let to three separate occupiers, providing a combined rental income of:
£19,380 PER ANNUM
The investment comprises:
Ground Floor Shop
The ground floor shop premises are occupied by a nail salon, producing a current rental income of £8,760 per annum.
Rear Commercial Premises
To the rear of the property is an additional commercial premises arranged over ground and first floors, which is occupied by a pastries business, producing a current rental income of £4,320 per annum.
Residential Flat
The upper floors provide a spacious three-bedroom residential flat, arranged over the first and second floors and producing a current rental income of £6,300 per annum.
The property therefore provides an attractive combination of commercial and residential income, with three separate occupational elements providing diversification of rental income.
