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10/10a The Crescent & 1/1a St Andrews Road South, St Annes, FY8 1SZ

£200,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

Commercial development for sale

Description

A substantial corner property located in St Annes Town Centre on the South East Corner of The Crescent and St Andrews Road South. The property comprises of two tenanted commercial shop/office units to the ground floor and basement, both let and producing £16,000 per annum rental income. The first floor former commercial unit is vacant and has planning permission to be converted into a 2 bedroom apartment. The 2nd and 3rd floors provided an apartment that is not owned by our client but is on a 800 year lease at a rent of £10 per annum.

LOCATION
On the South East Corner of The Crescent and St Andrews Road South in St Annes Town centre.

GROUND FLOOR
10 a The Crescent - Office premises - VOA measurements 62.8 sqm
1/1a St Andrews Road South - Take away - VOA measurements 82.3 sqm

FIRST FLOOR
10 West Crescent - Former dentist surgery comprising 4 rooms and a toilet - VOA measurements 58 sqm

SECOND FLOOR
10a West Crescent - Not inspected separate apartment

THIRD FLOOR
10a West Crescent - Not inspected continued separate apartment

BUSINESS
10 a The Crescent - Rent £6,000 per annum holding over on the original 9 year lease from 27/6/2005
1/1a St Andrews Road South - Rent £10,000 per annum 5 year lease from 27/6/2025
10 West Crescent - Planning approved for 2 bedroom apartment application No 25/0421.
10a West Crescent - Rent £10 per annum 800 year ground lease from 24/10/1998

TENURE
Ground leasehold - 981 years from 25/2/1890 rent £5 per annum

10/10a The Crescent & 1/1a St Andrews Road South, St Annes, FY8 1SZ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Annes-on-the-Sea Station0.1 miles
  • Ansdell & Fairhaven Station1.6 miles
  • Squires Gate Station1.9 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 011548. 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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