Description: A substantial corner property located in St Annes Town Centre on the South East Corner of The Crescent and St Andrews Road South. The property comprises of two tenanted commercial shop/office units to the ground floor and basement, both let and producing £16,000 per annum rental income. The first floor former commercial unit is vacant and has planning permission to be converted into a 2 bedroom apartment. The 2nd and 3rd floors provided an apartment that is not owned by our client but is on a 800 year lease at a rent of £10 per annum.

Location: On the South East Corner of The Crescent and St Andrews Road South in St Annes Town centre.

Ground Floor: 10 a The Crescent - Office premises - VOA measurements 62.8 sqm
1/1a St Andrews Road South - Take away - VOA measurements 82.3 sqm

First Floor: 10 West Crescent - Former dentist surgery comprising 4 rooms and a toilet - VOA measurements 58 sqm

Second Floor: 10a West Crescent - Not inspected separate apartment

Third Floor: 10a West Crescent - Not inspected continued separate apartment

Business: 10 a The Crescent - Rent £6,000 per annum holding over on the original 9 year lease from 27/6/2005
1/1a St Andrews Road South - Rent £10,000 per annum 5 year lease from 27/6/2025
10 West Crescent - Planning approved for 2 bedroom apartment application No 25/0421.
10a West Crescent - Rent £10 per annum 800 year ground lease from 24/10/1998

Tenure: Ground leasehold - 981 years from 25/2/1890 rent £5 per annum

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.