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Versatile Investment Property With Rental Income For Sale

Blackpool, Lancashire, UK
Freehold Price:
£85,000
Leasehold Price:
Under £200K
Turnover:
Undisclosed
Net Profit:
Undisclosed

Attractive investment opportunity in the heart of Blackpool, featuring a dual-income property comprising a ground floor massage parlour and a spacious self-contained three-bedroom flat. Currently fully tenanted with a combined rental income of £850 per calendar month, this well-located property offers steady returns and long-term potential.

Situated on busy Lytham Road, a year-round trading area near Blackpool Town Centre and the Promenade, the property enjoys high visibility and strong footfall. The premises are in good condition throughout, offering low-maintenance ownership and immediate income generation.

The ground floor includes a welcoming reception area and three treatment rooms, all with laminate flooring and modern lighting. The residential flat, accessed separately, spans two floors and includes a lounge, fitted kitchen, bathroom, and three double bedrooms—two with vaulted ceilings.

With a virtual freehold tenure of 999 years from 2020 and minimal annual ground rent, this is an ideal low-entry investment. The property is protected with roller shutters and features electric heating. Viewing is strongly recommended to appreciate the layout and rental potential.

The business is let to a single tenant under a 5-year lease (with 2 years remaining), providing stability and consistent rental income.

Training & Support

No training or transition required, as this is a hands-off investment.

Interested buyers are encouraged to enquire now—priced to sell via auction with strong yield potential.

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:
Existing
Lease Terms:

The massage parlour and the flat are both reported as let to the same tenant on a five-year lease, with approximately two years remaining. Reported rent of £850 per calendar month. Ground rent reported as £1,000 per annum for the retail unit and £500 per annum for the residential accommodation.

Leasehold Rent:

£10,200 per annum

Living Accommodation:

Self-contained three-bedroom flat arranged over first and second floors, including lounge, fitted kitchen and bathroom.

Location:

Lytham Road, Blackpool, Lancashire. Central trading location close to Blackpool Town Centre, the Promenade and local amenities.

Premises Details:

Substantial two-storey property with ground floor commercial premises and a separately accessed residential flat above.

Ground Floor (Commercial):
Main entrance to reception area with counter, laminate flooring and suspended ceiling with concealed lighting, leading to three treatment rooms. Separate street entrance providing access to the staircase serving the flat.

First & Second Floors (Residential Flat):
First floor includes lounge, fitted kitchen, bathroom with three-piece suite, and one double bedroom. Second floor provides two further double bedrooms with vaulted ceilings.

External forecourt trading area and on-street parking. Electric heating and roller shutters fitted.

Size in square feet:
Reception Room: approx. 109 sq ft Treatment Rooms (3): approx. 66 sq ft each (approx. 198 sq ft total) Total measured area: approx. 307 sq ft

Other Information

Leasehold asking price:
Under £200K