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Funeral Parlour 13-25 Hawes Side Lane 15,636 sq ft Office Property Blackpool FY4 4AP £560,000 (£35.81/sq ft) 8.18% Net Initial Yield
INVESTMENT HIGHLIGHTS
- To be let to Funeral Partners Limited on a new 20 year lease (1)
- Comprising a total of 1,564.4 sq m (16,839 sq ft )
- Annually compounded CPI linked rent reviews at the end of years 5 ,10 and 15 (collar and cap 1% and 4% per annum)
EXECUTIVE SUMMARY
Lot 107 was available for sale at an Allsop online auction that was held on Tuesday 04/11/2025
The property comprises an investment opportunity for sale.
The asking price is £560,000, representing a gross initial yield of 7.89%.
The property comprises an investment opportunity for sale.
The asking price is £560,000, representing a gross initial yield of 7.89%.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
15,636 sq ft
Costar Property Class
C
Year Built
1980
Price
£560,000
Price per sq ft
£35.81
Yield
8.18%
NOI
£45,828
Tenancy
Single
Number of Floors
2
Typical Floor Size
7,818 sq ft
Plot ratio
0.46
Total Plot Size
0.78 ac
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Funeral Parlour | 13-25 Hawes Side Lane
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