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58 Abingdon Street & 47 Talbot Road, Blackpool, FY1 1DA

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011166

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Commercial Shop Investment

58 Abingdon Street & 47 Talbot Road
Blackpool
FY1 1DA

145000.00

Freehold

REF: 011166

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Description: A corner retail unit located in Blackpool Town Centre a busy location close to the new tramway link to North Railway Station and the 100 bed Holiday Inn and 150 bed Premier Inn. The two storey shop premises provides approximately 150sqm and is let to The Peoples Dispensary for Sick Animals (PDSA) charity shop by way of a 3 year lease from 24th June 2023 with a passing rent of £13,250 per annum. The PDSA have confirmed they intend to hold over when the lease comes to an end having operated from this site for over 20 years.

Location: On the South East corner of Abingdon Street and Talbot Road in Blackpool Town Centre. Operators close by include Holiday Inn Hotel, Premier Inn, Starbucks and various local independent traders.

Ground Floor: Shop and store 74sqm;

First Floor: Retail area, store and kitchen 77sqm.

Business: Lease Schedule:
Tenant - The Peoples Dispensary for Sick Animals (PDSA)
Term - 3 years commencing 24th June 2023
Rent - £13,250 per annum payable monthly in advance
Insurance - Landlord insures. Tenant pays the insurance rent
Repairs - Tenant to keep the property in substantial repair and condition
Break Clause - Annual with 6 months written notice.

The PDSA have traded from the site for over 20 years and have confirmed they intend to hold over on the lease and continue operating from the shop when the lease term comes to an end.

Tenure: Freehold subject to commercial lease.

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