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4 Brighton Avenue, Cleveleys, FY5 2AA

£145,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

High street retail property for sale

Key features

  • Situated in a prominent position in Cleveleys centre
  • Ground floor office/retail unit with parking for 3 cars at the rear
  • Modern 1 bed flat above

Description

**EXCELLENT INVESTMENT OPPORTUNITY - 12% GROSS YIELD PER ANNUM** A prominent position in the centre of Cleveleys. The ground floor retail/office unit has excellent visibility/window display potential with rear parking for 3 cars plus additional land to the rear. The first floor 1 x bed flat is modern, bright and spacious within close proximity to amenities and Cleveleys beach/seafront.

LOCATION
Just off the Cleveleys 'prime retail' area (Victoria Rd West) within close proximity to M&S, Aldi, Wetherspoons and other major retailers, the property overlooks 2 x busy tram stops linking Cleveleys to Blackpool/Fleetwood with over 15,000+ vehicles passing daily (source: DFT Traffic Counts Data), with Cleveleys seafront/beach just an 8 minute walk away.

GROUND FLOOR
Retail/shop premises (45sqm): Fully gutted/refurbished to a high spec approx 12 months ago including new shop front/sign facia. Main shop area is 6.3m x 3.5m (22sqm) opening into 5.5m x 3.1m (17sqm) frontal window bay area + kitchen 2m x 2.95m (6sqm), plus WC.


FIRST FLOOR
Flat: Comprises of modern kitchen, spacious double bedroom, spacious lounge, shower room with separate WC, recently fitted full new gas central heating system/radiators with new boiler. 8 minutes walk to Cleveleys seafront/beach.

EXTERIOR
Driveway to the front/side leads to parking for 3 x cars to the rear + an additional parcel of land to the rear - see boundary area outlined in the images (suitable for a number of uses including a garden for the flat, additional parking, additional storage for the retail/office etc, STPP).

BUSINESS
FF Flat: Currently let (12 month AST, tenancy ends end of Sept 2025) at £650pcm (attracts working tenant applicants when advertised).
Retail/Office: Owner occupied (will be vacant at sale) valued at £800 pcm minimum.
Gross rental income (when fully let): £17,400

SERVICES
All main services connected, double glazed & central heating to flat,

TENURE
Freehold

Brochures

4 Brighton Avenue, Cleveleys, FY5 2AA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Poulton-le-Fylde Station2.8 miles
  • Layton Station3.0 miles
  • Blackpool North Station3.9 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 011517. 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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