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Reads Avenue, Blackpool, FY1 4BW

£845,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

Mixed use property for sale

Description

A selection of properties located in Blackpool close to the centre and proposed Blackpool Central Leisure development. The properties are leased out on two separate Full Repairing and Insuring leases producing a total rent of £72,000 per annum. Available as a whole or vendor may consider selling Block A & B separately.

LOCATION
All properties located on Reads Avenue adjacent to the Town Centre and the proposed Blackpool Central Leisure Development.

GROUND FLOOR
Block A: 1a Reads Avenue & Back 1a Reads Avenue - Coffee Shop, Store, Laundry;
1E Reads Avenue - 3 bedroom self contained flat;
3-5 Reads Avenue - 11 holiday apartments (3 studio, 8 x 1 studio);
7 Reads Avenue - 4 bedroom house;

Block B: 11 Reads Avenue - 3 apartments;
13 Reads Avenue - 8 bed HMO

BUSINESS
Block A: 1,3,5 & 7 Reads Avenue - 3 year lease 5/11/24, rent £50,000 pa paid monthly in advance Full Repairing & Insuring Term. Tenant Incognito Bars Ltd.
Block B: 11 & 13 Reads Avenue - 3 year lease 5/11/24, rent £22,000 pa paid monthly in advance Full Repairing & Insuring Term. Tenant Incognito Bars Ltd.

Reads Avenue, Blackpool, FY1 4BW

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.6 miles
  • Blackpool South Station1.0 miles
  • Layton Station1.7 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/

Notes

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Disclaimer - Property reference 011504. 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.

Map data ©OpenStreetMap contributors.

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