Description: A Mid terraced block of 3 apartments located close to Blackpool town centre and the Promenade. 1 apartment let on Assured Shorthold Tenancy Agreement and produces a rental income of £10,200 per annum. The remaining 2 apartments have been sold off and produce a combined ground rent of £130 per annum plus a service charge of £375 for each flat per annum. The modern apartments were converted to a high standard in 2022. Current income £11,085 per annum.

Location: Coop street is located off Chapel Street which is opposite Central Pier, close to Blackpool Promenade and the town centre.

Ground Floor: Flat 1 - Open plan lounge and modern fitted kitchen; 2 bedrooms and a bathroom.

First Floor: No 32: Flat 2 - Sold off under separate ownership not inspected.

Second Floor: No 32: Flat 3 - Sold off under separate ownership not inspected.

Exterior: Rear yard and bin stores.

Business: Rent Schedule:
Flat 1: £850 per calendar month.
Flat 2: Ground rent £70 per annum, service charge £375 per annum.
Flat 3: Ground rent £65 per annum, service charge £375 per annum.
Total Rental Income: £11,085

Services: Electricity and water individual supplies and meters. Individual council tax ratings. Tenants pay all their own bills.

Tenure: Freehold subject to long ground lease on Flats 2 & 3.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.