Commercial town centre investment property let to a well established Italian family restaurant. Mid Terraced 4 storey property let on a full repairing and insuring lease with a passing rent of £16,000 per annum and a review in July 2028. Gross yield 10% with one established tenant. Located within the main shops, bars, restaurants and hospitality area close to the Winter Gardens Theatre/Conference venue and the Grand Theatre.

LOCATION
On the Northerly frontage of Clifton Street in Blackpool town centre immediately around the corner from the Winter Garden Theatre/Conference complex and the Grand Theatre together with North Pier, Promenade, the famous Blackpool Tower and all attractions.

GROUND FLOOR
Open entrance porch to restaurant area with bar and bar seating to the front; under stairs storage incorporating electric meter and drinks store and with fire exit personal door leading to the rear car park on the adjacent premises. Rear kitchen with a door to the rear service road.

FIRST FLOOR
Function room to the front with small bar; rear landing; Gents WC; Ladies WC; staff area with rear entrance with external access leading to the rear roof and fire escape to the rear service road; staff WC; boiler cupboard.

SECOND FLOOR
Large stock room to the front; small stock room to the front; large staff room/stock room to the middle; rear landing; former WC with wash basin. Further storage.

THIRD FLOOR
2 x attic stores with Velux windows.

BUSINESS
The property is let on a 10 year term ending 30/6/2030. Passing Rent £16,000 per annum. Rent review July 2028. FRI lease with a schedule of condition attached. No obligation for landlord to do any works.

SERVICES
All mains services connected.

TENURE
Freehold