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171-173 Lytham Rd 307 sq ft Retail Unit Offered at £85,000 in Blackpool FY1 6DN
Investment Highlights
- The property is centrally located in Blackpool
- Short distance from St Chad's road tram stop
Executive Summary
The property comprises a building ot brick construction over three floors, including a basement, offering retail accommodation on the ground floor with residential space on the upper floors. The property is located fronting Lytham Road close to its junction with Crystal Road in the south shore area of Blackpool. Blackpool South Railway Station is in close proximity.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Tenure | Freehold/Long Leasehold |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Sale Conditions | Auction Sale |
Description
Ground Floor Main Entrance leading to Reception Room (Approx.109 sq. ft.) with feature counter, laminate flooring, and suspended ceiling with concealed lighting, leading to: 3 x Treatment Rooms (Approx. 66 sq. ft. each) with concealed lighting and laminate flooring. Second Entrance to staircase which leads to the flat. Separate Ground Floor Street Entrance leading to: Hallway and Staircase. Flat - First Floor Double Bedroom. Bathroom with 3-Piece Suite comprising Shower, Toilet and Sink. Lounge. Fitted Kitchen with laminate flooring. Second Floor 2 x Double Bedrooms with vaulted ceilings. EXTERIOR; Forecourt Trading Area. On Street Parking.
Sale Notes
The property is for sale via auction. Alongside the retail portion the sale includes a separate two storey, three bedroom, self-contained flat.
The massage parlour and flat are both currently let to the same tenant on a 5-year lease agreement with 2 years remaining at a rent of £950 per calendar month. We are informed there is a ground rent applicable of £1000 per annum for the retail unit and £500 per annum for the residential accommodation.
The massage parlour and flat are both currently let to the same tenant on a 5-year lease agreement with 2 years remaining at a rent of £950 per calendar month. We are informed there is a ground rent applicable of £1000 per annum for the retail unit and £500 per annum for the residential accommodation.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 173 | 307 sq ft | Retail | £85,000 (£276.87/sq ft) | - |
Unit 173
| Unit Size |
| 307 sq ft |
| Unit Use |
| Retail |
| Price |
| £85,000 (£276.87/sq ft) |
| NOI |
| - |
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Unit 173
| Unit Size | 307 sq ft |
| Unit Use | Retail |
| Price | £85,000 (£276.87/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Sale Conditions | Auction Sale |
| Description | |
| Ground Floor Main Entrance leading to Reception Room (Approx.109 sq. ft.) with feature counter, laminate flooring, and suspended ceiling with concealed lighting, leading to: 3 x Treatment Rooms (Approx. 66 sq. ft. each) with concealed lighting and laminate flooring. Second Entrance to staircase which leads to the flat. Separate Ground Floor Street Entrance leading to: Hallway and Staircase. Flat - First Floor Double Bedroom. Bathroom with 3-Piece Suite comprising Shower, Toilet and Sink. Lounge. Fitted Kitchen with laminate flooring. Second Floor 2 x Double Bedrooms with vaulted ceilings. EXTERIOR; Forecourt Trading Area. On Street Parking.</li></ul> | |
| Sale Notes | |
| The property is for sale via auction. Alongside the retail portion the sale includes a separate two storey, three bedroom, self-contained flat. <br> <br> The massage parlour and flat are both currently let to the same tenant on a 5-year lease agreement with 2 years remaining at a rent of £950 per calendar month. We are informed there is a ground rent applicable of £1000 per annum for the retail unit and £500 per annum for the residential accommodation.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 2,014 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 463 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1902 |
| Costar Property Class | C | Tenancy | Single |
| Total Property Size | 2,014 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 463 sq ft |
| Year Built | 1902 |
| Tenancy | Single |
Amenities
- Storage Space
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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171-173 Lytham Rd
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