Property for sale in Victoria Buildings, Victoria Square, Thornton-Cleveleys, FY5

Property - £525,000

Victoria Buildings, Victoria Square, Thornton-Cleveleys, FY5

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First listed on: 24th May 2021

Nearest stations: Poulton-le-Fylde (2.9 mi)Layton (2.9 mi)Blackpool North (3.8 mi)Blaydon (5.1 mi)Blackpool South (5.6 mi)

Interested in this property? Call See phone number 01253 420420

Further Informations

More Information

Property Features

  • Investment Property
  • Cleveleys, Lancashire
  • Substantial Corner Property
  • Situated in Prime Location
  • Previous Rental Income of ?47,120 pa

Property Description

Tenure: Freehold


DESCRIPTION: **FOR SALE BY AUCTION**



On behalf of Pattinson Auctions, Kenricks are delighted to offer this superb investment property for sale.







This substantial corner property is situated in the prime location of Victoria Square at the junction with Victoria Road West in the heart of Cleveleys vibrant Town Centre.







The property is currently let to HSBC on a 10yr Lease which expired in August 2021 paying a rent of ?47,000 pa - Rent paid up until Jan 2022. In addition part of the building is occupied by a well known and popular jewellery business, paying a peppercorn rent and a ladies gym to the first floor, both paying an annual nominal rent.







Site Area (approx. 0.847 acres/3689sq ft)







Ground Floor



Let to HSBC bank but vacated in August 2021 this part of the property will be sold with vacant possession.







First Floor



Offices.







Second Floor



Offices.







AGENTS NOTES: Due to security at the Bank, it is not possible to arrange internal viewings at the Bank ? External Viewings Only.



Sale subject to the fees, terms and conditions of Pattinson Auctions.







BUSINESS: We are informed the property is currently subject to a 10yr lease to HSBC PLC Bank at an annual rent of ?47,000 pa, however they have vacated in August 2021 and paid rent until the end of the year. Vacant possession available from 1st Jan 2022.


Ground Floor shop and basement is Leased on a 125yr Lease to Sherratts Jewellers at a Rent of ?20.00 per annum.



First Floor Area ? currently used as a Ladies Gym and is Leased on a 125yr Lease at a Rent of ?100.00 per annum.







TENURE: Freehold.






VIEWING: By appointment through Kenricks 01253 420420.







Property Reference INV567L


DESCRIPTION: **FOR SALE BY AUCTION**



On behalf of Pattinson Auctions, Kenricks are delighted to offer this superb investment property for sale.







This substantial corner property is situated in the prime location of Victoria Square at the junction with Victoria Road West in the heart of Cleveleys vibrant Town Centre.







The property is currently let to HSBC on a 10yr Lease which expired in August 2021 paying a rent of ?47,000 pa - Rent paid up until Jan 2022. In addition part of the building is occupied by a well known and popular jewellery business, paying a peppercorn rent and a ladies gym to the first floor, both paying an annual nominal rent.







Site Area (approx. 0.847 acres/3689sq ft)







Ground Floor



Let to HSBC bank but vacated in August 2021 this part of the property will be sold with vacant possession.







First Floor



Offices.







Second Floor



Offices.







AGENTS NOTES: Due to security at the Bank, it is not possible to arrange internal viewings at the Bank ? External Viewings Only.



Sale subject to the fees, terms and conditions of Pattinson Auctions.







BUSINESS: We are informed the property is currently subject to a 10yr lease to HSBC PLC Bank at an annual rent of ?47,000 pa, however they have vacated in August 2021 and paid rent until the end of the year. Vacant possession available from 1st Jan 2022.


Ground Floor shop and basement is Leased on a 125yr Lease to Sherratts Jewellers at a Rent of ?20.00 per annum.



First Floor Area ? currently used as a Ladies Gym and is Leased on a 125yr Lease at a Rent of ?100.00 per annum.







TENURE: Freehold.






VIEWING: By appointment through Kenricks 01253 420420.







Property Reference INV567L

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Date History Details
25/05/2021 Property listed at £525,000

Disclaimer

Disclaimer Property reference F507588AA60E2A_INV567L. Details are provided and maintained by Kenricks Commercial. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

235 Church Street

Blackpool

FY1 3PB

Telephone: See phone number 01253 420420

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Disclaimer

Disclaimer Property reference F507588AA60E2A_INV567L. Details are provided and maintained by Kenricks Commercial. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

235 Church Street

Blackpool

FY1 3PB

Telephone: See phone number 01253 420420

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