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147/149 Red Bank Road, Blackpool, FY2 9HZ

£155,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

Mixed use property for sale

Key features

  • Mid terraced 3 storey property to the north of Blackpool
  • Ground floor shop is rented and the 4 bedroom flat is let as an Airbnb, turnover around £27.29,000 pa
  • Flat could be let as a residential unit with potential rent of £750 pcm

Description

Mid terraced 3 storey property located on Red Bank Road in a localized shopping parade in the Bispham area to the north of Blackpool. The ground floor shop is let to an aesthetics and beauty business producing a rent of £6,600 per annum. The 4 bedroom flat to the upper floors is let as an Airbnb with a turnover in the region of £27/29,000 per annum. The flat could be let as a residential unit with a potential rental of £750 pcm.

LOCATION
On the northerly frontage of Red Bank Road which runs West to East from the Promenade to Devonshire Road. Popular local shopping parade.

GROUND FLOOR
Shop unit 4m x 6m; treatment room 2.1m x 3.5m; rear treatment room 3.5m x 2.6m; store kitchen and toilet 4.4m x 2.4m.
Separate front entrance to flat, hall and stairs.

FIRST FLOOR
Lounge and diner; kitchen fitted wall and base units, hob & oven; double bedroom; bathroom with bath, over bath shower, toilet, wash hand basin, store.

SECOND FLOOR
Double bedroom; single bedroom with velux window; double bedroom with velux window; bathroom with bath toilet and wash hand basin.

EXTERIOR
Rear yard accessed from the shop.

BUSINESS
Shop - 3 year lease from March 2025, passing rent £550 pcm (£6,600 pa).
Flat - Let via a management company as an Airbnb. Annual income figures confirm £27/29,000 turnover.

SERVICES
All mains services. Separate meters to shop and flat. Gas central heating to flat.

TENURE
Freehold.

Brochures

147/149 Red Bank Road, Blackpool, FY2 9HZ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Layton Station1.3 miles
  • Blackpool North Station2.0 miles
  • Poulton-le-Fylde Station2.4 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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