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4 Bedrooms Commercial Property for sale in Victoria Road West, Thornton Cleveleys

4 Bedrooms Commercial Property - £300,000

Victoria Road West, Thornton Cleveleys

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First listed on: 05th August 2017

Nearest stations: Layton (3 mi)Poulton-le-Fylde (3 mi)Blackpool North (3.8 mi)Blaydon (5.2 mi)Blackpool South (5.5 mi)

Interested in this property? Call See phone number 01254 691352

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Property Features

  • Investment Property
  • Four Flats
  • Commercial Shop
  • 9 % yield
  • Thornton Cleveleys Location

Property Description

INVESTMENT PROPERTY 9% YIELD: Duffin\'s Estate Agents are please to offer for sale this mid terraced, mixed retail and residential property in the highly sought after area of Thornton Cleveleys. The property comprises of four self contained flats plus a ground floor shop unit that trades as a Hairdressers and Beauticians. Externally the property has frontal off street parking to the forecourt area and an enclosed rear yard.

LOCATION:
The property is located within the heart of Cleveleys at the Shore end of Victoria Road West. The road is predominately retail in its mix at ground floor level with most of the properties having residential accommodation above. The rear of the property backs on to the residential streets.

Cleveleys is a town on the Fylde Coast of Lancashire, about 4 miles from Blackpool and 2 miles south from Fleetwood.

ACCOMMODATION:

Retail Unit:
Entrance from ground level to second floor
Retail Area: 3.60m x 8.38m
Back of House & Amenities: 3.60m x 2.92m with access to rear yard

NEW 10 Year Lease from July 2015 from the tenant who has been in occupation of the premises since 2000. Full FRI Lease achieving £9600.00 per annum.

Flat 4:
Hallway from front door
Lounge 3.60m x 3.82m
Kitchen 3.60m x 2.42m
Bedroom 3.49m x 2.54m
Shower Room

AST Occupation £95.00 per week - £4940 per annum

First Floor

Flat 3:
Landing to Hallway
Lounge 3.65m x 3.65m
Kitchen 2.69m x 2.40m
Bedroom 3.87m x 2.26m
Shower Room

AST Occupation £95.00 per week - £4940 per annum

Flat 2:
Landing to Hallway
Lounge 3.56m x 4.10m
Kitchen 3.06m x 2.28m
Bedroom 4.56m x 3.62m
Shower Room

AST Occupation £100.00 per week - £5200 per annum

Second Floor

Flat 1:
Landing to Hallway
Lounge 4.50m x 2.21m
Kitchen 3.22m x 2.11m
Bedroom 3.25m x 2.52m
Shower Room

AST Occupation £90.00 per week - £4680 per annum (currently vacant)

EXTERNALLY
The property has concreted forecourt area with off road parking for two cars that is used by the Retail Shop. To the rear there is a small enclosed rear yard.

TOTAL INCOME: £29,360
YIELD: 9%

All flats are a Band A Council Tax Rating.
Double Glazing Throughout
Electric Throughout
999 year lease

INVESTMENT PROPERTY 9% YIELD: Duffin\'s Estate Agents are please to offer for sale this mid terraced, mixed retail and residential property in the highly sought after area of Thornton Cleveleys. The property comprises of four self contained flats plus a ground floor shop unit that trades as a Hairdressers and Beauticians. Externally the property has frontal off street parking to the forecourt area and an enclosed rear yard.

LOCATION:
The property is located within the heart of Cleveleys at the Shore end of Victoria Road West. The road is predominately retail in its mix at ground floor level with most of the properties having residential accommodation above. The rear of the property backs on to the residential streets.

Cleveleys is a town on the Fylde Coast of Lancashire, about 4 miles from Blackpool and 2 miles south from Fleetwood.

ACCOMMODATION:

Retail Unit:
Entrance from ground level to second floor
Retail Area: 3.60m x 8.38m
Back of House & Amenities: 3.60m x 2.92m with access to rear yard

NEW 10 Year Lease from July 2015 from the tenant who has been in occupation of the premises since 2000. Full FRI Lease achieving £9600.00 per annum.

Flat 4:
Hallway from front door
Lounge 3.60m x 3.82m
Kitchen 3.60m x 2.42m
Bedroom 3.49m x 2.54m
Shower Room

AST Occupation £95.00 per week - £4940 per annum

First Floor

Flat 3:
Landing to Hallway
Lounge 3.65m x 3.65m
Kitchen 2.69m x 2.40m
Bedroom 3.87m x 2.26m
Shower Room

AST Occupation £95.00 per week - £4940 per annum

Flat 2:
Landing to Hallway
Lounge 3.56m x 4.10m
Kitchen 3.06m x 2.28m
Bedroom 4.56m x 3.62m
Shower Room

AST Occupation £100.00 per week - £5200 per annum

Second Floor

Flat 1:
Landing to Hallway
Lounge 4.50m x 2.21m
Kitchen 3.22m x 2.11m
Bedroom 3.25m x 2.52m
Shower Room

AST Occupation £90.00 per week - £4680 per annum (currently vacant)

EXTERNALLY
The property has concreted forecourt area with off road parking for two cars that is used by the Retail Shop. To the rear there is a small enclosed rear yard.

TOTAL INCOME: £29,360
YIELD: 9%

All flats are a Band A Council Tax Rating.
Double Glazing Throughout
Electric Throughout
999 year lease

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Date History Details
31/10/2017 Property listed at £300,000
03/02/2016 Property listed at £325,000

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Disclaimer

Disclaimer Property reference bnc11_BNC132VIC. Details are provided and maintained by Duffin's Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Duffin's Estate Agents, Blackburn

13 Preston New Road

Blackburn

BB2 1AR

Telephone: See phone number 01254 691352

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference bnc11_BNC132VIC. Details are provided and maintained by Duffin's Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Duffin's Estate Agents, Blackburn

13 Preston New Road

Blackburn

BB2 1AR

Telephone: See phone number 01254 691352

Arrange Viewing Arrange Viewing with Agent

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