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25/25a Queen Street, Blackpool, FY1 1NL

£495,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

Mixed use property for sale

Description

Kays proudly presents this prime investment opportunity, a tenanted ground floor hot food takeaway and an outstanding block of serviced holiday accommodation suites located on Queen Street, just yards from the promenade. Positioned near vibrant bars, restaurants, attractions, and convenient transport links such as the North Pier tram station, this investment property capitalizes on the local vibrant leisure and entertainment district it finds itself in.
Luxurious three-suite accommodation spread across two floors features stunning, well-designed and upgraded interiors. Each suite (Jungle ; Parisian ; Penthouse) boasts multiple bedrooms and bathrooms and has been a go-to booking for families and friend-groups visiting Blackpool for leisure and event trips. In addition to serviced accommodation, ground floor take-away provides rental income of £12,000.PA. Viewing highly recommended to appreciate quality.

LOCATION
Heart of Queen Street, 100 yards from the Promenade and North Pier Tram Station. Easy walking access to local bars and entertainment venues.

FIRST FLOOR
[Jungle Suite]: Inner hall; Dbl Bedroom (3 x 3); Dbl Bedroom (2.3 x 3.2) with En-Suite, with Dbl shower, WC (1.4 x 1.6); Lounge Kitchen Diner (4.4 x 5.9)

[Parisian Suite]: Inner Hall; Dbl Bedroom (3.1 x 3.0); Dbl Bedroom (3.0 x 2.7); Shower Room with Dbl Walk-in Shower, WC, and Hand-Wash Basin (1.5 x 2.0); Lounge Kitchen Diner (5.8 x 6)

SECOND FLOOR
[Penthouse Suite]: Inner Hall; Dbl Bedroom (2.2 x 4.2); Dbl Bedroom (2.4 x 2.5); Dbl Bedroom (3.3 x 2.3); Shower Room with Dbl Walk-In Shower, WC, Hand-Wash Basin (2.2 x 1.5); Bath Room with free-standing Bath, WC, Dbl Walk-In Shower, Hand-Wash Basin (2.4 x 2.5); Lounge Kitchen Diner (6.0 x 5.0); Second Lounge Kitchen Diner (4.5 x 6.0); Mezzanine Bedroom (6.0 x 2.8)

BUSINESS
The shop is tenanted as hot food take away with passing rent of £12,000.PA. 7 year lease 2024. 3 year review capped at 50%. 2 year break clause. We are informed by the vendor the income from the Airbnb apartments is in the region of £75/80,000 and is fully managed, providing a 'hands-off' investment - alternatively if owner operated, would increase net returns. Full figures and copie-leases to be made available to interested parties after viewing.

SERVICES
Electric & Water

TENURE
Freehold

25/25a Queen Street, Blackpool, FY1 1NL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.2 miles
  • Layton Station1.4 miles
  • Blackpool South 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. Within our business and hotels for sale 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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