173 Lytham Road, Blackpool, FY1 Investment Property For Sale

DESCRIPTION: **FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for sale.

This substantial 2 storey property comprises a Massage Parlour and a Separate 2 Storey 3 Bedroom Self-Contained Flat.

The property is situated on the busy all year-round trading location on Lytham Road, Blackpool, being close to Blackpool Town Centre, Promenade and amenities.

Viewing Recommended.

Ground Floor

Main Entrance leading to:

Reception Room (Approx.109 sq. ft.) with feature counter, laminate flooring, and suspended ceiling with concealed lighting, leading to:

3 x Treatment Rooms (Approx. 66 sq. ft. each) with concealed lighting and laminate flooring.

Second Entrance to staircase which leads to the flat.

Separate Ground Floor Street Entrance leading to:

Hallway and Staircase

First Floor- Flat

Double Bedroom.

Bathroom with 3-Piece Suite comprising Shower, Toilet and Sink.

Lounge.

Fitted Kitchen with laminate flooring.

Second Floor

2 x Double Bedrooms with vaulted ceilings.

EXTERIOR; Forecourt Trading Area. On Street Parking.

AGENTS NOTES: The property has electric heating and is protected by roller shutters.

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

BUSINESS: We have been informed that the massage parlour and flat are both currently let to the same tenant on a 5-year lease agreement with 2 years remaining at a rent of £850 per calendar month. We are informed there is a ground rent applicable of £1000 per annum for the retail unit and £500 per annum for the residential accommodation.

TENURE: Virtual Freehold of 999 years commencing 2020.

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks 01253 420420