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Investment Property Comprising Of 2 Leased Retail Units For Sale

Blackpool, Lancashire, UK
Asking Price:
£120,000
Turnover:
Available on request
Net Profit:
Available on request

* Investment Property Comprising of 2 Leased Retail Units
* St Annes on Sea, Lancashire
* Busy All Year Round Trading Location
* In Lovely Order Throughout
* Recently Refurbished
* Situated in the Main Shopping Area of St Annes on Sea
* Priced to Sell
* Currently Draws £14,000 per annum
* Car Parking for 2 Motor Vehicles
* Viewing Recommended

DESCRIPTION: **For Sale by Online Auction** On behalf of Pattinson Auctions, Kenricks is pleased to offer this Investment Property for Sale.

The property comprises two ground-floor Ground Floor Retail Unit, which are currently both let-on License, generating a total income of £14,000 per annum.

The property is situated in the busy all-year-round trading location of The Crescent in the popular sea-side town of St Annes on Sea in Lancashire.

Viewing is Highly Recommended.

Ground Floor
Unit 1
Main Shop (approx. 484 sq ft) Open-plan stylish and contemporary retail area with high ceiling and feature tile flooring.
Store Area.
Toilet.

Unit 2 (Situated to the Rear of the Property)
(approximately . 520 sq ft)
Main Entrance leading to:
Open-plan office/studio space.
Kitchen with fitted base units.
Toilet.

Exterior: A car park to the rear provides parking for 2 motor vehicles.

Agents Notes: Sales Sales subject to the fees, terms, and conditions of Pattinson Auctions.

BUSINESS: Unit 1 is let as a retail unit on a 2-year license from April 2024 at a rent of £666.67 pcm.
Unit 2 is let as a retail unit on a 12-month license from March 2024 at a rent of £500.00 pcm.
The property draws £14,000 per year.

TENURE: Freehold

PRICE IS STARTING BID

VIEWING: By appointment through Kenricks

Property Information

Property:

Freehold