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4 bedroom commercial property for sale

Dickson Road, Blackpool

£225,000

Property Description

Key features

  • FOUR SELF CONTAINED FLATS WITH RESTERAUNT BELOW
  • POPULAR TRADING RESTAURANT
  • ALL SEPERATELY METERED
  • ALL FLATS RENTED AT 85 PW
  • RESTERAUNT ON A 20 YEAR LEASE NO BREAK AT 16,500 P/A
  • CURRENTLY TENANTED 34,180 P/A - 15% YIELD
  • FULL FIRE SYSTEM
  • DOUBLE GLAZING
  • GAS CENTRAL HEATING
  • TOWN CENTRE LOCATION

Full description

Tenure: Freehold

**15% YIELD** **READY MADE INVESTMENT** Four self contained flats with popular restaurant below in the heart of Blackpool Town Centre. Benefits include full L2 fire system, all flats are separately metered, double glazing, gas central heating and a fantastic income of £34,180 P/A. The restaurant is currently on a 20 year lease with no break clause at £16,500 P/A and all flats are tenanted at £85PW making a 15% yield! The property includes a basement with store rooms which is accessed via the restaurant. Viewing is essential to appreciate the potential investment at hand.

GROUND FLOOR
RESTAURANT 8.16m (26' 9") x 12.80m (42' 0")
Tables and chairs for 53 dining. Fitted bar. Floor to ceiling windows. UPVC frontage and tiled flooring.

KITCHEN 3.90m (12' 10") x 3.50m (11' 6")
Stainless steel work surfaces, stainless steel sink and drainer. Range cooker and other commercial equipment.

MENS AND WOMENS WC
Ladies, mens and disabled toilets.

BASEMENT
Accessed via the basement. Storage rooms.

FIRST FLOOR
FLAT 1
One bed currently tenanted at £85 PW

FLAT 2
One bed currently tenanted at £85 PW

SECOND FLOOR
FLAT 3
One bed currently tenanted at £85 PW

FLAT 4
One bed currently tenanted at £85 PW


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