and 121a St. Albans Road, Lytham St Annes, FY8 Investment Property For Sale

Guide price £210,000 Starting bid
Bond: £0

Property Reference: INV441M

Contact the agent
  • Investment Property Comprising Shop & 3 Bedroom Apartment
  • Lytham St Annes
  • In Good Order Throughout
  • Busy All Year-Round Trading Location
  • Retail Unit Currently Let
  • Apartment is Currently Vacant
  • Potential Income when Fully Let £17,000
  • Forecourt
  • Viewing Recommended

Property Description

DESCRIPTION: **FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale, which consists of a let Retail Unit and a 3-bed Apartment above currently vacant.

The property is situated on St Albans Road, a busy trading location and the retail unit is currently let to Transfurmations, a pet groomers, and the first-floor 3 bedroom apartment is currently vacant but ready to let.

Viewing recommended.

Ground Floor (Approx 671sq ft)

Open Plan shop/retail.

Kitchen Area/Storeroom

Separate Entrance to First Floor Apartment:

First Floor

Fitted Kitchen with exit leading down to the shared

rear yard.

Lounge with feature fireplace.

1 x Double Bedroom

Bathroom comprising 3-piece suite

Separate WC

Stairs leading to:

Second Floor

2 x Double Bedrooms

EXTERIOR: Paved Forecourt and shared yard area to the rear with storage unit.

AGENTS NOTES: The apartment has central heating and is double glazed.

Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed the ground floor retail unit is currently let at rent of £458.33 pcm on a rolling lease. The long-standing tenant is open to agreeing a new lease with the incoming purchaser

The first-floor apartment is currently vacant, when let could draw a rent of £750 pcm.

Total potential annual income of both the retail unit and first floor apartment is £17,000 per annum with a rental uplift.

TENURE: Freehold

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.


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Fee Information

The advertised rental figure does not include fees.