Description: Commercial town centre investment property let to a well established Italian family restaurant. Mid Terraced 4 storey property let on a full repairing and insuring lease with a passing rent of £16,000 per annum and a review in July 2028. Gross yield 10% with one established tenant. Located within the main shops, bars, restaurants and hospitality area close to the Winter Gardens Theatre/Conference venue and the Grand Theatre.

Location: On the Northerly frontage of Clifton Street in Blackpool town centre immediately around the corner from the Winter Garden Theatre/Conference complex and the Grand Theatre together with North Pier, Promenade, the famous Blackpool Tower and all attractions.

Ground Floor: Open entrance porch to restaurant area with bar and bar seating to the front; under stairs storage incorporating electric meter and drinks store and with fire exit personal door leading to the rear car park on the adjacent premises. Rear kitchen with a door to the rear service road.

First Floor: Function room to the front with small bar; rear landing; Gents WC; Ladies WC; staff area with rear entrance with external access leading to the rear roof and fire escape to the rear service road; staff WC; boiler cupboard.

Second Floor: Large stock room to the front; small stock room to the front; large staff room/stock room to the middle; rear landing; former WC with wash basin. Further storage.

Third Floor: 2 x attic stores with Velux windows.

Business: The property is let on a 10 year term ending 30/6/2030. Passing Rent £16,000 per annum. Rent review July 2028. FRI lease with a schedule of condition attached. No obligation for landlord to do any works.

Services: All mains services connected.

Tenure: Freehold

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.