12 The Crescent 588 sq ft Retail Property Lytham St Annes FY8 1SZ £100,000 (£170.07/sq ft)

This mid-terrace property has a full width glazed display frontage to The Crescent, and provides a large open plan sales area at ground floor, and is a fully fitted barbers shop.
A rear storage area is also provided, together with WC facilities. There are two flats located on the upper floors which have been sold off on a long leasehold basis.
The property also benefits from a small basement, which has also been sold off on a long leasehold basis.
FLOOR AREAS
54.63 sq m (588 SQ FT)
TENANCY
The ground floor of the property is let Mr Omid Alan which is held on a lease which runs until 31 May 2029 at a rental of £8,268 pa. There are two apartments that have been sold off on the upper floors, as well as a basement and they produce an additional £50 per annum. The tenant has been in occupation of this property since 2017 and runs an established barbers shop from this location. The property is held by way of a 981-year lease from 25 September 1889 at a peppercorn rent.
REPAIRS
The property is let on an effective full repairing and insuring lease, with all occupiers of the property contributing towards the cost of maintaining the structure of the property by way of a service charge. Further details available on request.
SALE PRICE Offers invited for the long leasehold interest at £100,000.