Overview
- Investment
Description
Location
This mixed use building comprises:
- Shop premises, let to a long established tenant Blackpool Paint Company Ltd. Producing a rental income of £8,640 pa exclusive.
- Warehouse / workshop unit, also to the ground floor rear. Separately accessed, with internal access from the shop also if required in the future. Vehicle loading access doors.
- Vacant space to the first floor, above the workshop. May have been used historically for residential use but this would need to be verified independently by interested parties and via planning.
- Three bedroom flat, to the first floor front. Boasts a Lounge, Kitchen and Bathroom also. Let out to a long term tenant and at a rent of £7,140 pa exc. The flat is let to a family and presented to a high standard.
- The building would suit an investor, to benefit from the rental income.
- The building would also suit an owner occupier or part owner occupation.
- Combined rental income potential: £24,000 - £25,000 pa exc.
- Would suit a variety of uses subject to planning consent.
- Internal viewing is highly recommended, to fully appreciate the 4 elements of the building.
Summary
Key points
- GROUND FLOOR SHOP - PRESENTLY LEASED OUT TO BLACKPOOL PAINT CO. LTD AT £8,650 PA EXC
- WORKSHOP / WAREHOUSE TO THE REAR GROUND FLOOR WITH LOADING DOOR - VACANT SPACE
- FIRST FLOOR SPACE ABOVE THE WORKSHOP - VACANT AND POTENTIAL FOR STORAGE OR RESIDENTIAL RE-DEVELOPMENT S.T.P.P.
- THREE BEDROOM FLAT, WITH KITCHEN, LOUNGE, BATHROOM - LET OUT AT £7,140 PA EXC
- COMBINED RENTAL INCOME POTENTIAL: £24,000 - £25,000 PA EXC IF FULLY LET OUT*
Contact
Duxburys Commercial
Tel: 01253 316919
Hayley Blackshaw
Hayley@duxburyscommercial.co.uk
EPC
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