Flats & Shop Investment

Coronation Road & Kings Road, Cleveleys, Thornton Cleveleys

£235,000 (Freehold)

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Flats & Shop Investment

Commercial Investments

REF R9580

DESCRIPTION: A substantial corner property located in an excellent location adjacent to Cleveleys Town Centre and Promenade. The property has been fully refurbished and modernised and provides 4 quality self contained one bed apartments all with modern fitted kitchens and bathrooms. Fully double glazed and central heating with individual gas boilers for heating & hot water. Individual electric card meters. Separate single storey shop premises operating as a Hairdressers produces £6,500 per annum. Rental income in excess of £27,000 per annum. Viewing recommended.

LOCATION: On the corner of Coronation Road and Kings Road in Cleveleys adjacent to the Promenade and Cleveleys Town Centre.

Ground Floor: Communal entrance hall and stairs. Flat 1: Lounge and kitchen; bedroom; shower & wc.
Flat 2: Lounge/kitchen; bedroom; shower & wc, this flat has it’s own entrance off Kings Road.

First Floor: Flat 4: Inner hall; lounge/kitchen; shower room & wc; bedroom. Flat 3: Lounge/kitchen; shower & wc.

Second Floor: Flat 3 continued: bedroom.

9 Kings Road Ground Floor: Single storey shop premises approx. 40sqm;

Exterior: Garden area to front and side, parking space to rear.

BUSINESS: All flats let on an ASTA at £433.33 per calendar month. The shop is producing £125 a week (£6,500 pa). Gross rental income £27,300 per annum.

EPC: All 4 Flats – D

SERVICES: All mains services connected. Individual gas central heating boiler to each flat. Electricity on individual card meter.


Tenure Type: Freehold
Private Living: Yes

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