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21-33 Abingdon Street, Blackpool, FY1 1DH

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011078

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Town Centre Investment & Development Opportunity

21-33 Abingdon Street
Blackpool
FY1 1DH

325000.00

Freehold

REF: 011078

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Description: Substantial Town Centre property occupying a prominent corner position at the junction of Abingdon Street and Clifton Street Blackpool. The property consists of 4 ground floor commercial premises, 8 separate rooms, with one occupied on the first floor, 8 unoccupied rooms on 2nd floor, 3 communal toilets and third floor residential flat with 2 bedrooms, lounge, bathroom and kitchen occupied by the caretaker. Current passing rent £37,000 per annum. Upper floors are in poor condition and offer development potential to apartments for residential or Air B&B subject to planning consent and vacant possession. The property is being sold with all tenants in situ.

Location: Corner property at the junction of Abingdon Street and Clifton Street.

Lower Ground Floor: Basement storage;

Ground Floor: 4 separate shop units; 21 Abingdon Street t/a Bubble Den; 25/27/29 Abingdon Street t/a Cafe 25; 33 Abingdon Street t/a Bread Basket; 1 Cheapside t/a The Nook;

First Floor: 8 separate rooms (7 vacant, 1 occupied by John Doyle Alterations);

Second Floor: 8 separate rooms; 2 wc's;

Third Floor: Flat with lounge, 2 bedrooms, kitchen, bathroom tenanted by the caretaker;

Business: Rent Schedule:
GF Unit 2 - Bread Basket - 5 year lease expires July 2025, rent £12,000 pa.
Unit 3 - Cafe 25 - 5 year lease expires July 2025, rent £15,000 pa.
Unit 4 - Bubbles Den - 4 year lease expires April 2024, rent £4,500 pa.
Unit 5 - The Nook - 7 year lease expiries March 2028, rent £4,160 pa.
FF Unit 7 - John Doyle Alterations - Holding over on long established lease, rent £1,400 pa.
3rd floor flat - Caretaker - sitting tenant
Total rent £36,700 pa

NB: There are current rent arrears with full details available to interested parties from our office together with an asbestos report.

Services: All mains services connected.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

Request Viewing

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21-33 Abingdon Street, Blackpool, FY1 1DH

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