Sold for £203,000.Guide Price = £185,000+

*For Sale By Online PublicAuction 18th April 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Mixed Use Corner Building Comprising a Ground Floor Commercial Unit and Two Self Contained Flats to the Rear (1 x Four Bed & 1 x One Bed). The Commercial Unit is Let Producing £4,200 Per Annum. Both Flats are Offered with Vacant Possession. The Current Owners Let Both Flats on a Short Term Basis Generating an Income of Approx. £48,000 Per Annum.

Tenure
Freehold

Location
The property is situated in the heart of Blackpool within walking distance of the town centre and the beach. Transport links are provided by Blackpool North and Blackpool South rail stations.

Description
An end of terrace corner building arranged to provide a ground floor commercial (Barbers) and two self-contained flats to ground and first floors to the rear. Both Flats are accessed via Belmont Avenue.

Accommodation
154 Central Drive Ground Floor
Lock-Up Shop

1a Belmont Avenue Ground Floor
Reception Room
Bedroom with En-Suite
Kitchen

2a Belmont Avenue Ground Floor
Reception Room
Kitchen

2a Belmont Avenue First Floor
Four Bedrooms (one with En-Suite)

Accommodation
Tenancy
The commercial unit is subject to an FRI Lease for a term of 7 years commencing April 2023 at a rent of £4,200 per annum.

Note
The flats are let through via a third party company on a day by day rental basis. We are advised by the seller that the income is approximately £48,000 per annum (please refer to legal pack for more details). Buyers should rely on their own enquiries with regards to the current rental values.

Note
Open House Viewings:

Thursday 4 April 2024 12:00 PM - 12:30
Thursday 11 April 2024 12:00 PM - 12:30
Tuesday 16 April 2024 12:00 PM - 12:30

This property is no longer available

Floorplans

5 bedroom mixed use for sale