93 Lord Street, Fleetwood, FY7 Investment Property For Sale

£249,950
Bond: £0

Property Reference: INV220L

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  • Investment Property
  • Comprising Leased Retail Unit & 3 Self-Contained Apartments
  • Town Centre, Fleetwood, Lancashire
  • Superb Trading Location
  • Substantial 3 Storey Property
  • Potential to Convert the 2 Larger Apartments Further – Subject to Planning Permission
  • In Good Order Throughout
  • Annual Rental Income when Fully Let £28,420
  • Viewing Highly Recommended

Property Description

DESCRIPTION: Kenricks are pleased to offer this substantial Investment property comprising a Long Leased Retail Unit and 3 Self-Contained Apartments. 

The property is situated in the busy trading location of Lord Street in Fleetwood, Lancashire. Next door is Iceland Food Stores and close to other major retailers such as Boots Chemist and also a Wetherspoons. 

There is also potential to convert the 2 larger apartments into 2 further apartments if desired - subject to planning permission, which could generate further income.

Ground Floor Retail Unit

Currently Leased to Stationery For Less on their 5th renewal of a 6yr Lease.

Flat - The Coach House

Lounge/Bedroom.

Kitchen.

Shower and Toilet.

First Floor – Flat A

Lounge.

Fitted Kitchen.

2 Bedrooms.

Shower and Toilet.

Second Floor – Flat B

Lounge.

Fitted Kitchen.

3 Bedrooms.

Shower and Toilet.

EXTERIOR: Secure gated yard to the rear.

AGENTS NOTES: Flat A and Flat B have their own central heating system installed. The Coach House has electric heaters.

BUSINESS: We are informed that Stationery for Less Ltd have a 6yr Lease from 11th February 2019 at a Rent of £11,000 per annum. Flat A draws £6,240 pa. Flat B draws £6,240 pa. The Coach House draws £4,940 pa. When fully Let total rental income is £28,420 pa.

TENURE: Freehold.

VIEWING: By appointment through Kenricks 01253 420420. 


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Fee Information

The advertised rental figure does not include fees.