Chiltern House, 181 Bristol Avenue, Bispham, Blackpool, FY2 0PF

Substantial Detached purpose built 3 storey tenanted office building with parking and adjacent land offering development opportunity. Located to the North of Blackpool in an established commercial business estate. The office investment is currently producing £73,500 per annum with 3 separate tenants. Service charge provisions within the leases. Adjacent grassed land approx. 0.3 of an acre suitable for commercial development (STPP). Lift services the upper floors. Excellent investment/development opportunity viewing recommended.

LOCATION
On Bristol Avenue close to Moor Park Avenue, Kingcraig Road and the Blackpool Technology Management Centre. The popular business location hosts a number of local and national businesses including Booth Dispensers and Laila's Fine Foods. Convenient access into Blackpool centre and the M55 providing access to the M6 and .

GROUND FLOOR
Communal entrance stairs and lift;
Office suite 295 sqm/3180 sq ft

FIRST FLOOR
Office suite 328 sqm/3536 sq ft

SECOND FLOOR
Office suite 347 sqm/3738 sq ft

EXTERIOR
Gardens and lawns to the site. Car Park approx. 60 cars. Overall site circa 1.1 acres. Land 0.3 acres rectangular plot approx. 24m x 52m

BUSINESS
Ground Floor - NGT - 10 year lease commenced October 2022. Passing rent £22,000 pa. Rent review October 2027. Tenants break clause 1st October 2025 & 2028.
First Floor - Rowland & Hames Accountants - 10 year lease commenced 1st January 2023. Passing rent £25,500 pa rising to £27,500 pa in January 2028. Tenants break clause 31st December 2029.
Second Floor - NGT - 10 year lease commenced 1st October 2022. Passing rent £28,000 pa. Rent review 1st October 2027. Tenants break clause 1st October 2025 & 2028.

TENURE
Ground leasehold. The property and land are held on long lease however the freehold is available to purchase from Blackpool Council.