Tenanted Investment Property - Blackpool [FY1 6DZ]

- About
144 Lytham Road is a large mid terraced property in a very busy and highly sought after area of Blackpool. The property is made up a of busy fish & chip takeaway and restaurant including two (two bedroomed) flats - our client has three tenants in place - one commercial and two residential. The commercial area is currently let on a 4 year lease, and the residential areas are on shorthold tenancy agreements, with one of the tenants being in situ for over 15 years.

The business is an ideal investment opportunity but due to our client's up and coming retirement and other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner.


- Premises Details
The commercial area within this property is all within the ground floor and this is currently operating as a fish and chip takeaway/restaurant. The business has large branding and signage above a glazed frontage. The takeaway has a fully fitted four pan range and two chip servers. There is also a serving counter and a five pan bain marie. There is also a spacious dining room with toilet facilities as well as a preparation kitchen and a wet room for rumbling and chipping. The lower ground floor is currently used by the business tenant as a storage area.

The two residential flats are within the first and second floor. These are both two bedroomed. The first floor flat comprises of a lounge, kitchen, two bedrooms and bathroom. The second floor flat comprises of a lounge, kitchen, two bedrooms and bathroom with shower. The property benefits from double glazing throughout, gas central heating and each flat has individual electric and gas meters.


- Summary
This property is positioned in a highly sought after and busy area of Blackpool. The property is tenanted with three self contained areas and all have been maintained well. Early viewings are strongly advised.