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124 Palatine Road, Blackpool, FY1 4DS

£190,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

Commercial property for sale

Description

Mid-terraced three storey property located close to the town centre. Property consists of 5 self contained flats; 4 one bedroom flats & 1 Studio Flat. 4 flats have electric heating, 1 has gas central heating. Individual prepaid meters and Band A Council Tax. Rental income £23,000 plus per annum.

LOCATION
On Palatine Road adjacent to town centre and convenient for all amenities.

LOWER GROUND FLOOR
Flat 2 continued - kitchen/diner 3.5m X 6.4m; shower & wc 2.9m X 3m.

GROUND FLOOR
Vestibule entrance hall & stairs; Flat 1 - lounge/kitchen 3.9m x 5.1m; shower & wc 2m x 1.1m; bedroom 3m x 3.3m.
Flat 2 - hall; bedroom 3m x 2.4m; lounge 3.4m x 3.5m access to lower ground floor;


FIRST FLOOR
Flat 3 - lounge/bedroom; kitchen; shower & toilet (not inspected)
Flat 4 - lounge/kitchen 5.4m x 3.9m; bedroom 2.5m x 3.3m; shower & wc 1.9m x 0.9m.


SECOND FLOOR
Flat 5 - lounge/kitchen; bedroom; shower and toilet (not inspected).

BUSINESS
Rent Schedule;
Flat 1 - £340 pcm - EPC D - 37sqm
Flat 2 - £400 pcm - EPC D - 25sqm
Flat 3 - £420 pcm - EPC E - 25sqm
Flat 4 - £400 pcm - EPC E - 35sqm
Flat 5 - £370 pcm - EPC E - 41sqm
Total - £1930 pcm
£23,160 Per Annum

Lawful Use Cert Granted 31/72003. Application Number 03/0581.


SERVICES
All mains services. Gas central heating to flat 2. Electric heating to other flats. Prepaid meters to all flats

TENURE
Freehold

124 Palatine Road, Blackpool, FY1 4DS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.6 miles
  • Blackpool South Station1.1 miles
  • Layton Station1.5 miles

About Kays Peake Properties Ltd, Blackpool

227-229 Church Street, Blackpool, FY1 3PB

Established in 1948 KAYS Commercial Estate Agents have been selling businesses and hotels across the Fylde coast, Blackpool and the surrounding areas of Lytham, St Annes, Thornton Cleveleys, Fleetwood, Kirkham, Garstang and Preston.

As business transfer agents we specialise in the sale and leasing of hotels, guest houses, bed & Breakfast accommodation, cafes, restaurants, retail businesses, self-catering holiday apartments, care businesses together with commercial premises including shops, warehouses, offices and industrial premises.

KAYS have a wide range of experience and expertise in dealing with residential, commercial and mixed use investment properties in Blackpool and the surrounding area. In addition we offer a full management service for landlords from acquisition, disposal, management and maintenance with the aim of maximizing yields and investment returns.

Whether you are looking to buy a business or premises for your own use, a first time investor or a landlord looking to add to your existing portfolio KAYS can offer you a friendly, professional, effective and efficient service.

KAYS also provides a full residential and commercial management service within Blackpool and further surrounding areas. The ultimate goal is to maximise the value of the asset through effective property management strategies which will maximise the long term value of the property. By listening to our clients and their tenants we ensure that we are continually evolving and improving our service.

Meet the team: https://www.kaysestates.co.uk/our-team/

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Disclaimer - Property reference 011337. 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 Kays Peake Properties Ltd, 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.

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