Get brand editions for Metcalf's, Fylde Coast

3 bedroom commercial property for sale

Waterloo Road, Blackpool

Offers in Region of £220,000

Property Description

Key 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

Full description

Tenure: Freehold

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.

GROUND FLOOR
SHOP 418A
TAKEAWAY SHOP UNIT: 284SQFT
REAR STORE / PREP AREA: 94SQFT
WASH ROOM / WC

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

FLAT 1
HALLWAY
LOUNGE/KITCHEN
SHOWER ROOM
BEDROOM

FIRST FLOOR
FLAT 2
HALLWAY
LOUNGE/KITCHEN
SHOWER ROOM
BEDROOM

FLAT 3
HALLWAY
LOUNGE
KITCHEN
SHOWER ROOM
BEDROOM

FLAT 4
LOUNGE/KITCHEN
BEDROOM
SHOWER ROOM

SECOND FLOOR
FLAT 5
LOUNGE
SMALL KITCHEN
SHOWER ROOM
BEDROOM

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


Nearest stations

  • Blackpool South (0.9 mi)
  • Blackpool Pleasure Beach (1.4 mi)
  • Blackpool North (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Metcalf's, Fylde Coast

73 Topping Street, Blackpool, FY1 3AF

01253 469083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Blackpool South (0.9 mi)
  • Blackpool Pleasure Beach (1.4 mi)
  • Blackpool North (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Metcalf's, Fylde Coast

73 Topping Street, Blackpool, FY1 3AF

01253 469083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MTC1COM00750. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Metcalf's, Fylde Coast. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.