SOLD STC
Mixed use property for sale
5 Alexandria Drive, Lytham St. Annes, FY8 1NL
Offers in Region of
£375,000
£127.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,950 sq ft
274 sq m
- SECTOR
Mixed use property for sale
Key features
- Mixed-use investment opportunity
- Attractive seaside location, close to local amenities
- Comprises a mix of retail and residential units
- Substantial end of terrace property
- Well maintained throughout
- Fully let - producing a current income of £28,320 per annum (Gross Yield of 7.55%)
- Capital Value of £127.11 per sq ft
- Held Freehold under Title No. LA668802
- Offers in the Region of £375,000
Description
Location
Lytham St Annes is an attractive and affluent seaside town located on the Fylde Coast, located south of Blackpool. The town comprises four areas, Lytham, Ansdell, Fairhaven and St Annes-on-the-Sea, with a combined population of over 42,000 (2021 Census).
The subject property itself is located on Alexandria Drive, in a mixed commercial and residential area. Alexandria Drive is situated aproximately 250 yards from the popular St Annes Beach and within easy access of local amenities.
Description
The subject property comprises a substantial end terrace mixed use property of traditional cavity red brick construction with stone detailing, set beneath a pitched and slated roof covering. The property features dormer windows to the front and rear and includes a large rear extension.
The ground floor provides for a small self-contained, pavement fronted retail unit, currently trading as a hair dressing salon. The same benefits from a large display window and is predominantly open plan in terms of its layout, with kitchen and WC facilities located to the rear.
The remainder of the property has been converted to provide for 3 x well-maintained residential units, as follows: -
3 Bedroom Maisonette - Private access from the rear, or through the communal corridor, the maisonette offers a living room and fully fitted kitchen at ground floor level, with access to a private rear garden. The upper floors provide two double bedrooms and a family bathroom, plus a third bedroom with an en-suite (currently utilised as an office).
2 Bedroom Flat - Located on the first floor, the flat comprises an open plan living/kitchen area, one double bedroom, one single bedroom and a 3-piece bathroom suite.
1 Bedroom Flat - Located on the second floor, offering a spacious 1 bedroom flat comprising a large double bedroom, open plan living/kitchen area and compact bathroom suite.
All units are finished to a good standard and have been well-maintained by both the Landlord and Tenants.
The property also benefits from a sizeable basement, accessed internally or from the rear garden.
Services
The mains services connected to the property include water supply, gas supply, electricity supply and of course, mains drainage. Each unit is individually metered for utilities. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.
Sale Price
Offers in the Region of £375,000.
VAT
VAT is not applicable.
Council Tax
The Tenants are responsible for payment of any Council Tax attributable to their premises direct to the Local Authority (Fylde Council).
Occupational Leases
Please see Tenancy Schedule below. Copies of the Lease Agreements are available on request.
Legal Costs
Each party are to be responsible for their own legal costs involved in the transaction.
EPC
Commercial
An Energy Performance Certificate (EPC) has been commissioned.
Residential
Maisonette, 5, Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(63). The certificate is valid until 17th December 2029.
Flat 1, 5 Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(67). The certificate is valid until 31st July 2034.
Flat 2, 5, Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(68). The certificate is valid until 17th December 2029.
Copies of the reports are available on request.
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
Lytham St Annes is an attractive and affluent seaside town located on the Fylde Coast, located south of Blackpool. The town comprises four areas, Lytham, Ansdell, Fairhaven and St Annes-on-the-Sea, with a combined population of over 42,000 (2021 Census).
The subject property itself is located on Alexandria Drive, in a mixed commercial and residential area. Alexandria Drive is situated aproximately 250 yards from the popular St Annes Beach and within easy access of local amenities.
Description
The subject property comprises a substantial end terrace mixed use property of traditional cavity red brick construction with stone detailing, set beneath a pitched and slated roof covering. The property features dormer windows to the front and rear and includes a large rear extension.
The ground floor provides for a small self-contained, pavement fronted retail unit, currently trading as a hair dressing salon. The same benefits from a large display window and is predominantly open plan in terms of its layout, with kitchen and WC facilities located to the rear.
The remainder of the property has been converted to provide for 3 x well-maintained residential units, as follows: -
3 Bedroom Maisonette - Private access from the rear, or through the communal corridor, the maisonette offers a living room and fully fitted kitchen at ground floor level, with access to a private rear garden. The upper floors provide two double bedrooms and a family bathroom, plus a third bedroom with an en-suite (currently utilised as an office).
2 Bedroom Flat - Located on the first floor, the flat comprises an open plan living/kitchen area, one double bedroom, one single bedroom and a 3-piece bathroom suite.
1 Bedroom Flat - Located on the second floor, offering a spacious 1 bedroom flat comprising a large double bedroom, open plan living/kitchen area and compact bathroom suite.
All units are finished to a good standard and have been well-maintained by both the Landlord and Tenants.
The property also benefits from a sizeable basement, accessed internally or from the rear garden.
Services
The mains services connected to the property include water supply, gas supply, electricity supply and of course, mains drainage. Each unit is individually metered for utilities. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.
Sale Price
Offers in the Region of £375,000.
VAT
VAT is not applicable.
Council Tax
The Tenants are responsible for payment of any Council Tax attributable to their premises direct to the Local Authority (Fylde Council).
Occupational Leases
Please see Tenancy Schedule below. Copies of the Lease Agreements are available on request.
Legal Costs
Each party are to be responsible for their own legal costs involved in the transaction.
EPC
Commercial
An Energy Performance Certificate (EPC) has been commissioned.
Residential
Maisonette, 5, Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(63). The certificate is valid until 17th December 2029.
Flat 1, 5 Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(67). The certificate is valid until 31st July 2034.
Flat 2, 5, Alexandria Drive, Lytham St. Annes, FY8 1NL has an Energy Efficiency Rating of D(68). The certificate is valid until 17th December 2029.
Copies of the reports are available on request.
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
Brochures
5 Alexandria Drive, Lytham St. Annes, FY8 1NL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Annes-on-the-Sea Station0.6 miles
- Ansdell & Fairhaven Station1.3 miles
- Squires Gate Station2.5 miles
About Turner Westwell Commercial Agents, Chorley
St. Georges House, St. Georges Street, Chorley, PR7 2AANotes
These notes are private, only you can see them.
Disclaimer - Property reference 2223FH. 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.
Map data ©OpenStreetMap contributors.