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Chiltern House, 181 Bristol Avenue, Bispham, Blackpool, FY2 0PF

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011570

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Commercial Investment and Land with Development Opportunity

Chiltern House
181 Bristol Avenue
Bispham
Blackpool
FY2 0PF

1100000.00

Freehold

REF: 011570

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Floor Plan
Description: Substantial detached purpose built 3 storey tenanted office building with parking and adjacent land offering development opportunity. Located to the north of Blackpool in an established commercial business estate. The office investment is currently producing £73,500 per annum with 3 separate leases. Service charge provisions within the leases. Adjacent grassed land approx. 0.3 of an acre suitable for commercial development (STPP). Lift services the upper floors. Excellent investment/development opportunity viewing recommended.

Location: On Bristol Avenue close to Moor Park Avenue, Kingcraig Road and the Blackpool Technology Management Centre. The popular business location hosts a number of local and national businesses including Booth Dispensers and Laila's Fine Foods. Convenient access into Blackpool centre and the M55 providing access to the M6 and motorway networks beyond.

Ground Floor: Communal entrance stairs and lift; office suite 295 sqm/3180 sqft.

First Floor: Office suite 328 sqm/3536 sqft.

Second Floor: Office suite 347 sqm/3738 sqft.

Exterior: Gardens and lawns to the site. Car park for approx. 60 cars. Overall site circa 1.1 acres. Land 0.3 acres rectangular plot approx. 24m x 52m.

Business: Ground Floor - NGT - 10 year lease commenced October 2022. Passing rent £22,000 pa. Rent review October 2027. Tenants break clause 1st October 2025 & 2028.
First Floor - Rowland & Hames Accountants - 10 year lease commenced 1st January 2023. Passing rent £25,500 pa rising to £27,500 pa in January 2028. Tenants break clause 31st December 2029.
Second Floor - NGT - 10 year lease commenced 1st October 2022. Passing rent £28,000 pa. Rent review 1st October 2027. Tenants break clause 1st October 2025 & 2028.

Tenure: Ground leasehold. The property and land are held on long lease however the freehold is available to purchase from Blackpool Council.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

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Chiltern House, 181 Bristol Avenue, Bispham, Blackpool, FY2 0PF

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