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Mixed-Use Investment Property For Sale

Blackpool, Lancashire, UK
Freehold Price:
£110,000
Leasehold Price:
Undisclosed
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • Investment Property Comprising Leased Shop & A Vacant 2 Bedroom Apartment Above
  • North Shore, Blackpool
  • Close to Promenade with Sea Views
  • In Good Order Throughout
  • Apartment Recently Renovated
  • Busy All Year-Round Trading Location
  • Priced to Sell
  • Viewing Highly Recommended


**FOR SALE BY ONLINE AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale, which consists of a Leased Ground Floor Retail Unit and a Vacant 2-Bedroom Apartment above.

The ground floor shop is currently leased at an annual rent of £3,796 but has potential to be increased. The first-floor apartment has been recently renovated throughout to a high standard, with newly plastered walls, a new fitted kitchen, new bathroom units, new carpets and painted. The apartment is currently vacant, however could be let for approximately £800 per calendar month.

Viewing highly recommended.

Ground Floor (Approx 864.87 sq ft)
Main Entrance leading to:
Main Retail Unit (Approx. 423.98 sq. ft.) with counter area and suspended ceiling with concealed lighting.
Rear Retail Area (Approx 207.58 sq. ft.) Leading to:
Second Rear Retail Area / Storage Area (Approx 80.24 sq. ft.)
Small Rear Room with Kitchenette (Approx 46.91 sq. ft.)
Storage Area (Approx 50.35 sq. ft.)
2 x Toilet Cubicles and Sink Area. (Approx. 55.81 sq. ft.)
Access to the Rear Yard.

Separate Ground Floor Entrance leading to: First Floor Apartment:

Hall with Storage Cupboard.
Staircase leading to:

First Floor Apartment
Spacious New Fitted Kitchen with concealed spotlight lighting.
Bathroom with 3-piece suite comprising bath with shower overhead, toilet and sink.
Lounge..
2 Double Bedrooms both with sea views.

EXTERIOR: Forecourt Area and Yard Area to the rear.

AGENTS NOTES: The apartment has central heating and is double glazed.
The retail unit is protected by electric roller shutters.
Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: The ground floor unit is let on a 2-year lease at rent of £3,796 pa. but has potential to increase. The first-floor apartment is currently vacant but could draw £800 per calendar month.

TENURE: Freehold.

PRICE IS STARTING BID

VIEWING: By appointment

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:
Existing
Lease Terms:

The ground floor retail unit is let on a 2-year lease. The first-floor apartment is currently vacant.

Other Information

Leasehold asking price:
Undisclosed