Description: A substantial corner Promenade property located immediately to the North of Blackpool Town Centre. The property consist of a bar/night club and arts/theatre/dance venue in the former Princess cinema building that is approx 1300 sqm (14,000 sq ft) together with a corner retail shop, 6 self contained Airbnb apartments and a car park to the rear producing a rental income of £105,000 per annum.

Location: On the South East corner of North Promenade and Springfield Road adjacent to North Pier and the Town centre

Ground Floor: Pub/nightclub and arts/theatre/dance venue approx 1300 sqm (14,000 sqft)
Retail shop - let on a 7 year lease, Year 1 rent £40,000 increasing to £70,000 in year 7.
6 self contained Airbnb apartments (5x1 bed and 1x3 bed) - let producing a rental income of £40,000 per annum.
26 space car park to rear - let producing a rental income of £25,000 per annum.

Business: Rental income approx £105,000 per annum.

Tenure: Freehold

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.