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45 Norbreck Road, Norbreck, FY5 1RP

£139,950

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

Commercial property for sale

Description

A mid terraced property located in a popular local shopping parade at Norbreck. The property provides a hairdressing salon to the ground floor with a self contained 2 bedroom flat above and a single garage. The shop and flat are currently let separately producing a combined annual income of £14,700. Potential for additional rental revenue from the garage of £50 a month and scope for potential uplift on the salon. A well maintained property in a good location providing a strong potential gross yield.

LOCATION
On the northerly frontage of Norbreck Road which is a popular local shopping parade positioned immediately off the Promenade between Blackpool and Cleveleys .

GROUND FLOOR
Single fronted salon, kitchen and toilet approx 38 square meters in total.
Shared porch with separate front door giving access to flat.

FIRST FLOOR
Lounge; bedroom; bathroom.

SECOND FLOOR
bedroom; kitchen.

EXTERIOR
Forecourt parking. Garden to rear. Remote single garage in a parade of 6.

BUSINESS
The shop and flat are let separately;
Total rental income £14,700 per annum.
Shop - 7 year lease from 13th January 2020. Rent £6,000 per annum paid quarterly in advance.
Flat - Periodic tenancy from 9th July 2026. Monthly rent £725 per calendar month. Deposit £836.

SERVICES
All mains services

TENURE
Freehold subject to tenancies.

45 Norbreck Road, Norbreck, FY5 1RP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Layton Station1.7 miles
  • Poulton-le-Fylde Station2.4 miles
  • Blackpool North Station2.5 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/

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Disclaimer - Property reference 011374. 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.