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23/23a Station Road, Blackpool, FY4 1BE

Guide Price
£125,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

Mixed use property for sale

Key features

  • ****For Sale by Auction House North West****
  • ****On line auction ending 9th December 2016 12 noon****
  • Four flats and cycle shop al let
  • Garage to rear

Description

****For Sale by Auction House North West on line Auction ending 9th December 2026 12noon***
The property consists of a shop let out as a bicycle repair/retail shop and four self-contained flats plus a garage to the rear. There is a small basement accessed in the shop.

LOCATION
In a local parade of shops on Station Road which is off Lytham Road and Bond Street.

GROUND FLOOR
The shop (23A) is let at £325 pcm plus insurance (c. £300 p/a) and this includes the garage: Flat 1 Ground floor rear is rented at £95 pw (studio).

FIRST FLOOR
Flat 2 First floor rear is rented at £100 pw (studio); Flat 3 First floor front is rented at £95 pw (one bed).

SECOND FLOOR
Flat 4 Second floor is rented at £95 (one bed).

EXTERIOR
To the rear there is a gated rear yard which is shared with the next door property which could be used for parking.

BUSINESS
The flats are all occupied and managed by MK Property and the shop is let by way of tenancy agreement. Total rents currently are £24,220 with potential to increase to over £25,000.

SERVICES
The flats benefit from seasonal gas central heating which is included in the rent and typically costs the landlord c. £700 p/a. The tenants have their own standalone electric heaters for use. The central heating doesn?t include water and is typically on for 2 hours in a morning and 2 hours in an evening from November to April inclusive. Auction House are informed that the property has benefited from a whole new roof in the last 4 years.

Brochures

23/23a Station Road, Blackpool, FY4 1BE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool South Station0.3 miles
  • Blackpool Pleasure Beach Station0.5 miles
  • Squires Gate Station1.3 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 011910. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kays Peake Properties Ltd, Blackpool on 01255 442053.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”