Business Summary

Key Features:-

Comprises of a retail Unit with Separate 3 Bed Flat Currently Leased on a 10 Year Term All Year Round Trading Location Opposite Wetherspoons Priced to Sell Situated in a Row of Shops Viewing Recommended.

Property Description

Kenricks are pleased to offer this Investment Property for sale.
The property is currently leased as a successful Mobility retailer on a ten year lease which we are informs expires in 2014.
The property occupies a prominent corner location on the busy Lytham Road opposite Weatherpersons and neighboring other retail units and established businesses.

Accommodation Comprising

Ground Floor
300 Lytham Road
Main Shop - (approx. 856 sq. ft.) with suspended ceiling.
Store room (approx. 229 sq. ft.)
Toilet.

298 Lytham Road
Separate Entrance leading to 1st floor accommodation.

First Floor
Lounge. (approx. 178 sq. ft.)
Fitted Kitchen. (approx. 68 sq. ft.)
Master Bedroom(approx. 106 sq. ft.) with built in robes and
En -suite shower and toilet.
Bedroom (approx. 143 sq. ft.) with built in robes
Bedroom (approx. 88 sq. ft.)

Agents Notes
The flat has central heating and is double glazed.

Business
We are informed for 300 Lytham Road there is a 10 year lease from 2004 with the tenant paying £10,400 per annum, plus Landlords annual building insurance. 298 Lytham Road is currently used by our instructed client and is offered with vacant possession.
Rates
Rateable Value £8,400 taken off VOA website 4/12/13

Tenure
Freehold

Property Details