The Crescent, Fylde, FY8 Investment Property For Sale

Guide price £120,000 Starting bid
Bond: £0

Property Reference: INV152M

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  • Investment Property Comprising of 2 Leased Retail Units
  • St Annes on Sea, Lancashire
  • Busy All Year Round Trading Location
  • In Lovely Order Throughout
  • Recently Refurbished
  • Situated in the Main Shopping Area of St Annes on Sea
  • Priced to Sell
  • Currently Draws £14,000 per annum
  • Car Parking for 2 Motor Vehicles
  • Viewing Recommended

Property Description

**For Sale by Online Auction** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale.

The property comprises of 2 Ground Floor Retail Unit, which are currently both Let on License, generating a total income of £14,000 per annum.

The property is situated in the busy all year-round trading location of The Crescent in the popular sea-side town of St Annes on Sea in Lancashire.

Viewing is Highly Recommended.

Ground Floor

Unit 1

Main Shop (approx. 484 sq ft) Open plan stylish and contemporary retail area with high ceiling and feature tile flooring.

Store Area.

Toilet.

Unit 2 (Situated to the Rear of the Property)

(Approx. 520 sq ft)

Main Entrance leading to:

Open plan office/studio space.

Kitchen with fitted base units.

Toilet.


Exterior

Car Park to the rear providing parking for 2 Motor Vehicles.

AGENTS NOTES: Sales subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: Unit 1 is let as a retail unit on a 2-year license from April 2024 at a rent of £666.67 pcm.

Unit 2 is let as a retail unit on a 12-month license from March 2024 at a rent of £500.00 pcm.

The property draws £14,000 per annum.

TENURE: Freehold

PRICE IS STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.


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Fee Information

The advertised rental figure does not include fees.