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15 Clifton Street, Blackpool, FY1 1JD

£345,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

1 bedroom mixed use property for sale

Description

A substantial town centre investment property producing circa £40,000 per annum net income. Ground floor restaurant let at £9,000 per annum and two modern serviced holiday apartments to the upper floors producing £31,000 per annum net return after management expenses. The modern restaurant has been fully fitted by the tenant. The two apartments have been refurbished and decorated to a very high standard with modern fitted kitchen including hob, oven, integrated fridges and dishwashers together with fully tiled modern shower rooms. Viewing recommended to appreciate.

LOCATION
On the southerly frontage of Clifton Street in Blackpool town centre close to the Winter Garden Theatre and conference venue, the Grand theatre plus all the shops bars, restaurants and attractions.

GROUND FLOOR
Double fronted modern restaurant 56 covers, disabled toilet, kitchen. Fully equipped to tenants fit out.
Separate entrance to apartments.

FIRST FLOOR
Restaurant Ladies and gents toilets.
Apartment 1: Open plan lounge and fitted kitchen; Double bedroom; Shower and toilet.

SECOND FLOOR
Apartment 2: Open plan lounge and fitted kitchen; 2 x Double bedrooms; Shower and toilet.

EXTERIOR
2 parking spaces to the rear for the restaurant tenant.

BUSINESS
Rent schedule;
Restaurant - Rent £9,000 per annum
Apartments - Net income £31,000 per annum (2025)

SERVICES
All mains services.

TENURE
We are informed the property is Freehold. All interested parties should have their solicitor confirm the title.

15 Clifton Street, Blackpool, FY1 1JD

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.3 miles
  • Blackpool South Station1.4 miles
  • Layton Station1.5 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/

Notes

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Disclaimer - Property reference 011433. 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 Kays Peake Properties Ltd, Blackpool. 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.

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