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48/50 Clifton Street, Blackpool, FY1 1JP

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011314

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Mixed Investment

48/50 Clifton Street
Blackpool
FY1 1JP

£ 165,000

Freehold

REF: 011314

Brochure
Description: Mid terraced 3 storey property in Blackpool Town Centre. Mixed tenanted investment consisting of a Indian restaurant on the ground floor and 2 self contained flats to the upper floors. Current rental income £18,400 per annum.

Location: On the Northerly frontage of Clifton Street in Blackpool Town Centre close to the Premier Inn opposite North Pier at Talbot Square.

Ground Floor: Restaurant premises and kitchen with toilets and store to first floor; Separate entrance to flats with a hall and stairs

First Floor: Flat 1 to front - Lounge; kitchen; staircase to 2nd floor.
Flat 2 to rear - Lounge; kitchen; staircase to 2nd floor.

Second Floor: Flat 1 continued; bedroom with en suite shower wc whb; Bathroom and 2nd bedroom.
Flat 2 continued; Bedroom and bathroom

Business: Ground Floor restaurant 5 year lease from 16th September 2020 rent £645.83pcm (£7749.96 pa)
Flat 1 AST let £498pcm £5976 pa.
Flat 2 AST let £390 £4680 pa.
Total rental income £18405.96 pa

Tenure: Freehold subject to tenancies.

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