3 Bedroom Property For Sale

Property description

Kenricks are pleased to offer this Investment Property for sale.
An excellent investment property that consists of a ground floor retail unit and separately accessed 3 bedroom flat.

The ground floor retail unit is currently let to a mobility retailer but is presently being marketed for lease at �11,000 pax.

The 3 bedroom flat has central heating and double glazing. It is let to a tenant on an AST agreement.

The property occupies a prominent corner location on the busy Lytham Road opposite Wetherspoons and neighbouring other retail units and established businesses. The position provides a wealth of passing pedestrian and vehicle trade

Property Reference 0DC3450

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Ground Floor

(NO. 300) Ground Floor RETAIL UNIT
NIA approx. 1,200 sq ft to include retail and storage space.
WC.



First Floor

298 Lytham Road Separately accessed 3 bedroom flat:
Separate Entrance leading to:
Lounge. (approx. 180 sq ft)
Fitted Kitchen. (approx. 70 sq ft)
Master Bedroom (approx. 110 sq ft) with en suite shower and toilet.
Bedroom 2 (approx. 143 sq ft) with built in wardrobes
Bedroom 3 (approx. 88 sq ft)



Agents Notes

The flat has central heating and is double glazed.

Business
Ground Floor Shop Asking Rental: �11,000 pax.

3 Bedroom Flat: 298 Lytham Road is let at a rent of �5,720 per annum.

Combined Rental Income (potential): �16,720 pax.



Rates

Rateable Value �8,400 taken off VOA website 4/12/13



Tenure

Freehold

Viewing
By appointment through Kenricks.

Property Features :

• Comprises of a retail Unit with Separate 3 Bed Flat
• Combined Rental Income Potential �16,720 pa
• All Year Round Trading Location
• Opposite Wetherspoons
• Priced to Sell