Get brand editions for Metcalf's, Blackpool

This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

2 bedroom flat for sale

Foxhall Square, Blackpool

£135,000

Property Description

Key features

  • MIXED USE INVESTMENT
  • POTENTIAL TO GENERATE 21,980 PER ANNUM
  • POTENTIAL 12% YIELD
  • 2 X 2 BED FLATS TO FIRST FLOOR
  • CAFE / CHIPPY TO GROUND FLOOR
  • GOOD TRADING LOCATION
  • IDEAL RENTAL AREA
  • FLATS HAVE RECENTLY BEEN RENOVATED
  • ALSO HAVE OWN SEPARATE ACCESS TO REAR
  • LOCATED JUST OFF PROMENADE

Full description

Tenure: Freehold

*** MIXED USE INVESTMENT *** RECENTLY REDUCED BY £50,000 *** POTENTIAL TO GENERATE £25,200 - 18.6% YIELD *** - Ideally located mixed use investment comprising of a chip shop / cafe and 2 x 2 bedroom flats, situated just off the promenade close to other businesses and in an ideal rental location. The two substantial flats have been renovated throughout including full re-wires, modern kitchen and bathrooms, and two separate entrances to the rear. The cafe is ready to trade and has been a very lucrative business in the past. It is fully equipped with a commercial kitchen, chilled display cabinets and preparation area with a range of catering equipment. There is a yard to the rear with ladies and gents toilet facilities for the cafe. Viewing is a must to appreciate the potential investment at hand.

MAIN CAFE 1,233sq ft
With suspended ceiling and seating for approximately 80 diners. Preparation area with a range of catering equipment including griddle, ban marie, hot water dispenser, microwave x4, refrigerated display cabinets, fridges, freezer and washing up area with commercial dishwasher.

LOWER GROUND FLOOR
KITCHEN 412sq ft
With a range of equipment including six ring gas burner, rumbler, chipper, fridge freezers, turbo fan oven, stainless steel work tops and sink.

STOREROOM 65sq ft
FREEZER ROOM 217sq ft
With a range of fridges and freezers.

FIRST FLOOR - FLAT 1
LOUNGE / KITCHEN / DINER
Mostly carpeted, part tiled flooring, modern fitted kitchen.

UTILITY ROOM
Carpeted. Door to yard.

BEDROOM 1
Carpeted.

BEDROOM 2
Carpeted.

BATHROOM
Three piece suite in white comprising bath with shower over, WC and wash hand basin. Vinyl flooring. Heated towel rail. Boiler cupboard.

SECOND FLOOR - FLAT 2
LOUNGE / KITCHEN
Mostly carpeted, part tiled flooring, modern fitted kitchen.

BEDROOM 1
Carpeted.

BEDROOM 2
Carpeted.

BATHROOM
Three piece suite in white comprising bath with shower over, WC and wash hand basin. Vinyl flooring. Heated towel rail.

EXTERIOR
Yard to the rear with ladies and gents toilets. Outhouse.

BUSINESS RATES
BUSINESS RATES: £9,000
RATES PAYABLE: £4,158


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
25 May 2015

Map & Street View

Disclaimer - Property reference MTC1COM00901. 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, Blackpool. 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.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.