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Posts Categorized: News
Dave Nolan, left, who has been a member of the Kays Team for over 30 years bought Kays with Jonathan Derbyshire from Dave Brewell, right, in February 2017. Jonathan Derbyshire, righ, on patrol as a member of the Royal Air Force Regiment in a village just south of Kandahar City, Afghanistan. Kays Estates, which… Read more »
The New Harmany Chinese Restaurant on Red Bank Road in Bispham has changed hands and is undergoing major refurbishment to the restaurant and kitchens. Kays acted on behalf of the landlord in securing the tenants on a new lease. The new operators are local business men who also operate the Yum Zing Chinese restaurant in… Read more »
One of the Town Centers best known hotels has recently changed hands. The 71 bedroom Ruskin Hotel on Albert Road with an asking price just below 1 million pounds has been acquired by Blackpool Promotions who have four other hotels in Blackpool. Kays Commercial Estate Agents acted for the long established owners who had developed… Read more »
http://www.blackpoolgazette.co.uk/news/business/blackpool-is-second-best-for-rent-earnings-1-7978571 New research from online property investment firm LendInvest has named Blackpool as the second best seaside postal area to be a landlord in England and Wales. In its latest LendInvest Buy-to-Let Index, the firm looked specifically at coastal towns to find which areas offered the top average rental yields to landlords. Hull came out… Read more »
Kays are delighted to announce the sale of The Kenley Hotel at South Shore. The hotel had been operated by Mike and Tony since 2008 and was only put on the market due to pending retirement. The quality Hotel is decorated and furnished to an exceptional standard and held the number 1 spot on Tripadvisor…. Read more »
KAYS really can sell anything however this is not all it may seem….The Hole in the Wall is a Cafe located in the Promenade and Sea Wall at Gynn Square. The well established leasehold business sells a range of teas, coffees, snacks and beach products to both visitors and locals. Our clients had operated the business… Read more »
Mixed commercial and residential investment on Red Bank Road at Bispham. The commercial aspect was let to a long established Hairdresser with 2 residential apartments above let separately and producing a total rental income of £16,500 pa. A sale was agreed to an investor down South who was pleased with his 12% yield.
Kays where acting for an old established client in disposing of the substantial corner property consisting of two shops and a residential flat above. The seller was taking a lease back on her Hairdressing Business with the adjoining Barbers Shop already let and additional income from the flat. The purchaser from the Cornwall area was… Read more »
This commercial investment was on the market for £125,000 and was occupied by a Beauty Salon Business on a 5 year FR&I lease with a passing rent of £11,000 pa. An investor from Cornwall acquired the property pleased with its 9% yield.