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Featured

    Property Details

    Waterloo Road, South Shore, Blackpool, FY4 4BW

    Summary

    Status: for Sale

    Property Type: Commercial
    Tenure: Freehold

    Bedrooms: 3
    Bathrooms: 3
    Reception Rooms: 3

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    Property Features:

    • IDEAL INVESTMENT OPPORTUNITY
    • TWO COMMERCIAL UNITS AND FIVE SELF CONTAINED FLATS
    • REGULAR PASSING TRADE
    • FOUR OF FLATS CURRENTLY TENANTED
    • COMMERCIAL UNITS ON A 10 YEAR RENEWABLE LEASE
    • IN NEED OF UPDATING
    • FLAT 5 REQUIRES RENOVATION
    • POTENTIAL TO GENERATE 34,700
    • YIELD OF 15.7%
    • LOCATED CLOSE TO OTHER BUSINESSES

    OIRO £200,000
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    Description:

    Ideal investment opportunity consisting of two commercial units and five self contained flats located in South Shore close to other businesses, benefiting from regular passing trade and with access to transport links. Both the commercial units are currently trading as takeaway's and are on 10 year renewable leases, four of the flats are currently tenanted on one year renewable tenancy agreements, flat five requires substantial renovation. The property is in need of updating and when works are completed has the potential to generate an income of 34,700 per annum, producing a yield of 15.7%. Viewings are strictly by appointment.

    Rooms:

    GROUND FLOOR    


    SHOP 418A    
    TAKEAWAY SHOP UNIT: 284SQFTREAR STORE PREP AREA: 94SQFTWASH ROOM WC

    SHOP 418B    
    SHOP UNIT: 417SQFTPREP AREA: 119SQFT

    FLAT 1    
    HALLWAYLOUNGEKITCHENSHOWER ROOMBEDROOM

    FIRST FLOOR    


    FLAT 2    
    HALLWAYLOUNGEKITCHENSHOWER ROOMBEDROOM

    FLAT 3    
    HALLWAYLOUNGEKITCHENSHOWER ROOMBEDROOM

    FLAT 4    
    LOUNGEKITCHENBEDROOMSHOWER ROOM

    SECOND FLOOR    


    FLAT 5    
    LOUNGESMALL KITCHENSHOWER ROOMBEDROOM

    EXTERIOR    
    Open forecourt to the front of the property and a yard to the rear.

    Additional Images:

    Map and Street View:

    Please note that this service is not intended to pinpoint the actual address.
    Photographs are for the guidance only of prospective purchasers and must not be relied upon as statements of fact.

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