Properties Under The Hammer
Prospect House
Featherstall Road South
Oldham
OL9 6HT
Central Drive/Bloomfield Road, Blackpool, FY1 5JN
By auction £250,000
Commercial
FOR SALE BY AUCTION www.propertiesunderthehammer.com
This mixed use investment property occupies a prime trading location on the corner of the main arterial routes of Central Drive and Bloomfield Road. The location benefits from a wealth of passing vehicles and pedestrian trade. It occupies a highly visible position which is ideal for the businesses in occupation. The surrounding areas comprise of dense residential areas. Ease of access is available to Blackpool Football Stadium and complex, local tourist attractions and the promenade.
Description
This mixed use investment property comprises:
-1 tenanted mixed use unit comprises a convenience store, first and second floor storage but previously used as accommodation.
- 5 no additional commercial units, to the ground floor.
-One tenanted large residential flat, which spans the whole of the first floor- Flat no. 92.
- An external forecourt/ car parking area, that fronts onto Bloomfield Road.
- 3 no. additional smaller yard areas for other parts of the building.
- Highly visible building
- Located on the corner of two main arterials routes and adjacent to a traffic lights system and bus stop.
- Excellent opportunity for a landlord looking for a range of rental incomes.
Rental Income
401 Central Drive/ 88-90 Bloomfield- Convenience Store and 1 bed flat.
6 year lease from November 2020.
RENT £7100 pa exclusive
399 Central Drive- Kebab shop/takeaway
5 year lease from March 2020
RENT £3276 pa exclusive
397 Central Drive- Hair & Beauty Salon
3 year lease from October 2022
RENT £3840 pa exclusive
395 Central Drive- Vacant
Previously achieved £4800 pa
393 Central Drive- Fish & Chip Shop
6 year lease from October 2022
RENT £5200 pa exclusive
391 Central Drive- Vacant
Previously achieving £4200 pa
92 Bloomfield Road- Residential 4 bed Flat
Rolling yearly lease from November 2022
RENT £7200 pa exclusive
COMBINED RENTAL INCOME: £35,616 pa exclusive
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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