Description
DESCRIPTION: **FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for sale.
This substantial 2 storey property comprises a Massage Parlour and a Separate 2 Storey 3 Bedroom Self-Contained Flat.
The property is situated on the busy all year-round trading location on Lytham Road, Blackpool, being close to Blackpool Town Centre, Promenade and amenities.
Viewing Recommended.
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
First Floor- Flat
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.
AGENTS NOTES: The property has electric heating and is protected by roller shutters.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We have been informed that 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 £850 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.
TENURE: Virtual Freehold of 999 years commencing 2020.
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420
Property Reference INV493M
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