Church Street/ Bank Hey Street, Blackpool, FY1 Investment Property For Sale
- Investment Property
- Comprising 3 Separate Leased Units
- H Samuels, Bet Fred and Pizza Hut
- Town Centre, Blackpool
- Prime Location
- Site Area 0.1155 Acres
- Substantial Corner Property
- Generating £125,500 per annum
- Priced to Sell
- Superb Investment Opportunity
The property is currently Leased and occupied by 3 major high street operators, H Samuels, Pizza Hut and Dome Brothers trading as Bet Fred bookmakers.
This prominent corner property is arguably one of the
most prestigious and busiest prime locations in
Blackpool’s vibrant Town Centre.
H Samuels, 7-15 Church Street
Occupying approx. 2,270 sq ft.
Open Retail Area with suspended ceiling, concealed
lights and air conditioning.
Corridor leading to:
Lower Ground Floor
Pizza Hut, 7-15 Church Street
Occupying approx. 8,653 sq ft.
Restaurant Area with concealed lighting and air
Staircase leading to:
Additional Open Plan Dining Area with air conditioning,
suspended ceiling and concealed lighting.
Kitchen with non-slip flooring and tiled walls.
Ladies and Gents Toilets.
Open plan area – used for storage.
Bet Fred, 4 Bank Hey Street
Occupying approx. 3,385sq ft.
Main Shop with suspended ceiling, concealed lighting and air conditioning.
Lower Ground Floor
BUSINESS: We are informed that Pizza Hut Uk Ltd lease the premises on a 10 year Lease from 22nd June 2016 at an annual rent of £60,000 pa.
We are informed that H Samuels lease their premises on a Lease expiring 01/11/24 at an annual Rent of £27,500 pa.
We are informed that Dome Brothers trading as Bet Fred lease the premises on a 5yr Lease from June 2021 at an annual rent of £38,000 pa.
Total annual Rent £125,500.
**WE ARE INFORMED THAT THE PROPERTY IS OPTED FOR VAT**
VIEWING: By appointment through Kenricks 01253 420420.
The advertised rental figure does not include fees.