Market Street, Blackpool, FY1 Investment Property For Sale

The ground floor is occupied by a Subway franchise on a 15 year renewable Lease from 2009 at a rent of £20,000 plus VAT pa. The apartment above is let on a shorthold tenancy at a rent of £100 per week to a long-standing tenant.

Viewing highly recommended.

Ground Floor

Subway premises.

Main Entrance leading to open plan dining area and servery counter fitted out to a very high standard with tiled floors, suspended ceiling and air conditioning.

Kitchen Area with air conditioning, tiled flooring and shelving to the walls.

First Floor

Open Plan Dining Area with tiled flooring,

suspended ceiling and air conditioning.

Storeroom.

Ladies and Gents toilet.

Flat

External Entrance to the rear of the

property.

First Floor

Main Entrance and internal staircase leading

to second floor.

Second Floor

Open plan lounge and fitted kitchen with

wood effect flooring.

Bedroom 1.

Bedroom 2.

Shower and Toilet.

EXTERIOR; Forecourt for the use of Subway. Entrance to apartment to the rear of the property with first floor decking area.

AGENTS NOTES: The apartment has central heating and is double glazed. Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: We are informed the ground floor unit is Leased to a Subway Franchise on a 15 year renewable lease from 2009 at a rent of £20,000 pa plus VAT. The first floor apartment is let on a shorthold tenancy agreement at a rent of £5,200 pa. the entire building draws £25,200 pa excluding VAT.

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks 01253 420420.