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Cafe USA 78 Talbot Road, Town Centre, Blackpool, Lancashire

Investment

For Sale: £295,000

Cafe USA

WITHDRAWN

Cafe USA

Key Features

SOLD SUBJECT TO CONTRACT

Excellent investment opportunity

Cafe to ground floor + 2 self contained flats above

Currently producing an annual income of £24,520

Prominent town centre location

How to find out more…

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Property description

Duxburys are pleased to confirm the sale of this excellent investment opportunity to purchase a prominently positioned retail unit with owner's accommodation and two additional flats above with separate access. The property is mid terraced occupying a sought after location on Talbot Road within the vicinity of other established businesses such as Woolworths, William Hills & Lloyds Pharmacy. It is located within a short distance of local bus & train stations and can be accessed directly from the Promenade. The retail unit is occupied by a licensed cafŽ/restaurant which boasts a spacious open plan dining area with fitted bar counters suitable for up to approximately 60 covers. There is a fitted kitchen and toilet facilities. In addition is first floor accommodation consisting of a large reception room, single bedroom, toilet, shower room and store. The rent is set at £16,200 per annum. A separate front entrance is available from Talbot Road leading to two flats, (which we are informed are let on assured shorthold tenancies), generating a combined annual income in the region of £8,320 per annum. This investment property is available to purchase on a Freehold tenure and has the potential to generate a total annual income of £25,120. Internal viewings are recommended with lease details available on request.

What are we like to work with?

"I have used Duxbury’s Commercial now for over 10 years and they always provide an excellent service whether it be property lettings, sales or valuations. Clare in particular goes out of her way to help and always keeps me updated throughout. An excellent commercial agency and would highly recommend"