High street retail property for sale
1 Nutter Road, Thornton-Cleveleys, Lancashire, FY5 1BG (Business Unaffected)
- SIZE AVAILABLE
4,387 sq ft
408 sq m
- SECTOR
High street retail property for sale
Key features
- Prominent end-terrace, double-fronted mixed-use investment property
- Located in the heart of Cleveleys, just off Victoria Road West
- Within easy walking distance of the main shopping district
- Surrounded by a mix of residential properties and independent businesses
- Close to the seafront and promenade, benefiting from strong footfall and visibility
- Open-plan ground floor retail accommodation with glazed frontage
- Extensive rear workshop and storage with roller shutter access
- Self-contained three-bedroom flat arranged over two upper floors
- Held Leasehold for a term of 999 years from 13/10/1902 New lease for commercial element to commence upon completion
- Business unaffected Annual income of £32,700 per annum Offers in the Region of £295,000
Description
Cleveleys is a coastal town forming part of the wider Thornton-Cleveleys area in Lancashire, North West England. It is situated on the Fylde Coast, positioned just north of Blackpool and south of Fleetwood.
The local area comprises a mix of residential properties and small independent businesses, including shops, cafés, and takeaways. The nearby beach and promenade further enhance the town's appeal to both residents and visitors.
The subject property is situated just off Victoria Road West, at the heart of Cleveleys, and within easy walking distance of the main shopping district. Its central location ensures strong visibility, high footfall and convenient access to both the town centre and seafront, making it well-suited for a variety of commercial uses.
Description
The property is an end-terrace, double-fronted mixed-use building of red brick construction, with double glazing throughout, a pitched slated roof with dormer windows, and a two-storey rear extension. To the rear is a substantial two-storey workshop and storeroom with flat roof, externally rendered elevations and roller shutter access, suitable for storage and deliveries.
The ground floor provides open-plan retail accommodation with prominent glazed display frontage and ancillary storage, kitchen and WC facilities. The upper floors comprise a self-contained three-bedroom flat with a spacious open-plan living area, fitted kitchen/diner and bathroom, finished to a good standard throughout.
Services
The mains services connected to the property to include water, gas, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial have not tested any of the service installations or appliances connected to the property.
Sale Price & VAT
Offers in the Region of £295,000 exclusive.
VAT may be applicable at the prevailing rate.
Council Tax
The flat is rated as a Band A property for Council Tax purposes. The Tenant of the flat is responsible for the Council Tax payments direct to the Local Authority.
Current Tenancy Information
Commercial
The commercial element is currently owner-occupied, however, will be offered with a new Internal Repairing and Insuring Lease to Preslec Spares Ltd for 2 years, paying an annual rent of £25,200. The Tenant will have a right to renew this tenancy for a further 2 years post lease expiry.
Residential
We understand the flat is fully occupied, as follows: -
6 month Assured Shorthold Tenancy lease from 10th February 2023, at a rental of £7,500 per annum. Due to the AST having expired, we assume this particular Tenant is "holding over".
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Planning
Interested parties are to make their own enquiries with the Local Planning Authority (Wyre Council) with regards to their intended use of the property.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
Commercial - Energy Efficiency Rating of B(44). The certificate is valid until 24th July 2033.
Residential - Energy Efficiency Rating of B(48). The certificate is valid until 7th November 2031.
Full copies of the reports are available upon request.
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
Brochures
1 Nutter Road, Thornton-Cleveleys, Lancashire, FY5 1BG (Business Unaffected)
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Poulton-le-Fylde Station2.9 miles
- Layton Station3.0 miles
- Blackpool North Station3.9 miles
Notes
Disclaimer - Property reference 2299FH. 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 Turner Westwell Commercial Agents, Chorley. 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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