Commercial property for sale in Bond Street, Blackpool FY4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold Investment
- Investment let at a total of £113,540 p.a.
- 11.41% giy on Guide Price
- Popular location
- Comprises four retail units, four office suites and eight flats located on the upper floors (6x two beds, 1x one bedroom and 1 x three bedroom)
- Instant asset management potential
Property description
Strapline
Auction Sale - 13/12/2023
Of interest to Investors Substantial mixed use property comprising of four shops, four office suites and eight apartments.
Investment let at £113,540 p.a.
Description
A large substantial freehold building, comprising four retail units, four office suites (currently vacant) and eight flats located on the upper floors (6x two beds, 1x one bedroom and 1 x three bedroom).Including access to a games room, cinema room and gym.
We understand that all of the retail tenants have been long serving tenants of between 6-25 years producing a total income of £44,140 p.a. The upper parts have been let to a service accommodation provider on a 5 year lease from 2022 at a total rent of £69,300 p.a. The property is is currently producing a total income of £113,440 p.a.
The property is located in a prominent position on the very busy thoroughfare of Bond Street a heavily residential and retail area.
Transport
Blackpool South Station 0.2 miles
Blackpool Pleasure Beach Station 0.6 miles
Squires Gate Station 1.3 miles
Accommodation
Please note the approximate areas have been provided by a third party and the property has not been inspected by Savills. Please refer to tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.