OFFICE INVESTMENT BUILDING, METROPOLITAN BUSINESS PARK, PRESTON NEW ROAD, BLACKPOOL, LANCASHIRE, FY3

A substantial terraced office building arranged over ground and first floor, extending to approximately 725 Sq M (7,804 Sq Ft), which is currently subdivided into multiple office suites and operated in part as a business centre/serviced office accommodation by the vendor.

The property currently generates a gross rental income of £152,220 with approximate utilities and Business Rates outgoings of £86,821 per annum. There is potential to increase the gross rental income to circa £160,000 per annum once vacant suites are let. Interested parties are advised that the rental income figure does fluctuate according to occupancy levels as tenants occupy on a license basis.

The property could continue to be used as a business centre/serviced office accommodation, with potential Business Rates savings to be made by having office suites individually assessed. Alternatively, it could be let on a more traditional lease basis or occupied as a headquarters by an owner-occupier.