Excellent investment opportunity. Substantial mid terraced 3 storey property. Retail shop and warehouse premises to the ground floor occupied by Trinity Hospice. Large spacious self contained flat with 3 double bedrooms to the upper floors. Well established tenants to both units currently producing £23,190 per annum. Solid investment located on a popular high street at Bispham immediately off the Promenade.

LOCATION
On the southerly frontage of Red Bank Road a popular local commercial zone to the north of Blackpool immediately off the promenade at Bispham.

GROUND FLOOR
Double fronted retail shop premises arranged in 3 sections providing approx. 50 sqm. Rear two storey warehouse store 40 sqm.

FIRST FLOOR
Front lounge 5.1m x 4.2m; Bathroom 2m x 3.5m includes bath with shower over, toilet, wash hand basin; Kitchen 3m x 3.6m fitted wall and base units, hob, double oven; Access from roof garden and stair case to rear.

SECOND FLOOR
Bedroom 5m x 3.5m; Bedroom 2.4m x 4m; Bedroom 2.5m x 3.3m; Office and boiler room 1.8m x 1.4m.

EXTERIOR
Rear shared yard with staircasing giving access to the flat.

BUSINESS
Lease schedules;
Shop and warehouse - Trinity Hospice and Palliative Care Services Ltd - 6 year renewal lease from 21st March 2022. The lease is excluded from the LTA. Passing rent £16,050 per annum.
Flat - Let originally on an Assured Shorthold Tenancy from the 25th April 2012. Now operating as a periodic tenancy. Passing Rent £595 pcm (£7,140 per annum).
Total rental income £23,190 per annum.

SERVICES
All mains services. Separate meters to shop and flat.

TENURE
Freehold.