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90 Whitegate Drive, Blackpool, FY3 9DA

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011087

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Commercial Investment

90 Whitegate Drive
Blackpool
FY3 9DA

145000.00

Freehold

REF: 011087

Brochure
Description: Substantial corner property occupying a prominent main road position on Whitegate Drive Blackpool. The property provides ground floor office space approx 100sqm with forecourt parking that are let at £13,000pa with potential uplift to £15,000 in 2025. Please note the freehold title is subject to a 999 year lease on the 6 separately owned flats and 4 parking spaces and a 99 year lease on the roof top telecommunication mast site. These two leases do not produce any rental income.

Location: On the Easterly frontage of Whitegate Drive close to its junction with Breck Road on the opposite corner to Tesco Express and Subway.

Ground Floor: Vestibule entrance (8sqm); reception 3.7m x 4.6m (18sqm); disabled wc; front office 3.6m x 5.8m (21sqm); middle office 3.9m x 3.9 (15sqm); staff kitchen 1.9m x 2.7m (5sqm); rear office 4m x 3.6 (14sqm); filing room (11sqm); front office 2.8m x 3.7m (10sqm); side office 3.4m x 3.2m (11sqm); front office 3m x 4m (12sqm); ladies & gents wc's;

First Floor: Upper floors: 6 separately owned residential flats held on a 999 year lease.

Exterior: Forecourt and side parking for approx 10 cars belonging to offices; 4 parking spaces to the rear and access to flats. Plant for the telecommunication mast. Roof top site: 2 telecommunication masts.

Business: Tenant Schedule:
1. Headlease in favour of Breck House Ltd (management company) from Aug 1975 for 999 year plus one day in respect of 6 flats and 4 parking spaces, roof excluded. Under leases for 999 year s to the owners of the 6 flats.
2. 5 year lease to Adcas Financial management Ltd from 1/9/2020 passing rent of £13,000 Full Repairing and Insuring Term.
3. Roof top telecommunication site: 99 years lease from 2025 favour of AP Wirless.

Services: All mains services connected. Sump pump to basement. Flats and office pay own bills. One Telecom mast electric recharged by Landlord, the other has own meter.

Tenure: Freehold subject to tenancies.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

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