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Reads Avenue, Blackpool, FY1 4BW

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011504

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Commercial Investment

Reads Avenue
Blackpool
FY1 4BW

845000.00

Freehold

REF: 011504

Brochure
Description: A selection of properties located in Blackpool close to the centre and proposed Blackpool Central Leisure development. The properties are leased out on two separate Full Repairing and Insuring leases producing a total rent of £72,000 per annum. Available as a whole or vendor may consider selling Block A & B separately.

Location: All properties located on Reads Avenue adjacent to the Town Centre and the proposed Blackpool Central Leisure Development.

Ground Floor: Block A: 1a Reads Avenue & Back 1a Reads Avenue - Coffee Shop, Store, Laundry;
1E Reads Avenue - 3 bedroom self contained flat;
3-5 Reads Avenue - 11 holiday apartments (3 studio, 8 x 1 studio);
7 Reads Avenue - 4 bedroom house;

Block B: 11 Reads Avenue - 3 apartments;
13 Reads Avenue - 8 bed HMO

Business: Block A: 1,3,5 & 7 Reads Avenue - 3 year lease 5/11/24, rent £50,000 pa paid monthly in advance Full Repairing & Insuring Term. Tenant Incognito Bars Ltd.
Block B: 11 & 13 Reads Avenue - 3 year lease 5/11/24, rent £22,000 pa paid monthly in advance Full Repairing & Insuring Term. Tenant Incognito Bars Ltd.

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Reads Avenue, Blackpool, FY1 4BW

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