1 Reads Ave 731 sq ft Retail Property Blackpool FY1 4BW £130,000 (£177.84/sq ft)

The property comprises a mixed-use investment opportunity occupying a prominent pitch and benefitting from evident asset management potential. Arranged as a ground floor retail unit with a three bedroom flat to the upper parts, the property is currently part-let, with the flat let to private individuals on an AST which expired 09.07.2025 and paying £9,000 per annum. We understand the tenant is continuing to pay rent and is therefore holding over. We consider the property benefits from immediate asset management potential via letting of the vacant retail space. Furthermore the property has an opportunity to generate additional incomes via letting of the three garages to the rear, which are also vacant. We consider the property may benefit from development potential via development/conversion of the rear garages to alternative uses (subject to obtaining the requisute consents). The property occupies a prominent pitch fronting Reads Avenue in the heart of Blackpool. The property is adjacennt to Central Drive, the principal conduit street in Blackpool and 0.3 miles from Blackpool Central Pier.