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Investment/Development Opportunity

St Annes Road West, St Annes, Lytham St Annes

£425,000 (Freehold)

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Investment/Development Opportunity

Commercial Investments

REF 010148


DESCRIPTION: A substantial three storey property located in St Annes town centre. Imposing stone dressed characterful property in the heart of the shops, banks, cafes and restaurants. Two commercial premises on the ground floor one vacant and the other let. Two upper floors are fully vacant with a cross area of 220 sqm. Would suit full conversion to four residential apartments with previous permission granted in 2009.

LOCATION: On the Southerly frontage of St Annes Road West which is the main high street in St Annes. Other users close by include Natwest Bank, Betfred, WH Smith, Tesco, Spec Savers and B&M Bargains.

ACCOMMODATION
28 St Annes Road West: Single fronted open plan Café 9.5m x 4.2m; rear kitchen 5.2m x 3m; basement storage & rear yard;

30 St Annes Road West: Single fronted shop 12.5m x 5.1m; interview room; staff kitchen and wc 9.2m x 3.4m; internal garage/store 6.8m x 6.4m; basement storage & rear yard;

Upper Floors 28-30 St Annes Road West: Two floors sub divided into five separate parts 220sqm in need of capital investment.

TENANT SCHEDULE:
28 St Annes Road West: Fresh Café 3 year lease 15/2/2019, rent £11,500 pa.
30 St Annes Road West: Vacant, new lease, rent £25,000 pa.
Upper Floors 28/30 St Road West: Vacant may suit development plans previously passed in 2009 (now lapsed) for 4 flats.

SERVICES: All mains services connected. EPC RATING: C & E

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

28/30 St Annes Road West, St Annes FY8 1RF

Tenure Type: Freehold
Private Living: No


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