£175,000 (Freehold)View More Details
DESCRIPTION: A substantial corner property located on Whitegate Drive (B5124) a busy arterial route in to Blackpool Centre. The corner retail showroom offers approximately 145sqm plus rear office stores and wc and is occupied by motor accessories supermarket at a rent equivalent to £250 a week. The upper floors provide 2 self-contained flats (1 x 1 bed & 1 x 2 bed). Both flats are vacant and in need of internal refurbishment, potential rents if improved £115/120 a week each. Potential gross rental income in the region of £25,000 per annum.
LOCATION: On the corner of Whitegate Drive and St Albans Road a prominent position on a busy main road. Whitegate Drive runs North to South from Church Street through to Waterloo Road and Oxford Square.
Ground Floor: Double fronted corner retail unit in 2 parts but connected 12.3m x 8.3m plus 9.6m x 4.6m; rear store 6.8m x 2.8m; office/staff room and wc 7.1m x 2.1m; external store 4.5m x 2.8m;
First Floor: Flat 1: Entrance hall; Bedroom 2.4m x 2m; Bathroom and wc 2.3m x 2.1m; Kitchen 2m x 2m; Lounge 5m x 3.8m; Bedroom 4.3m x 2.9m; Flat 1A: Entrance Hall; Bedroom 4.2m x 2.6m; Bathroom with shower and wc 3m x 2.4m; Dining Kitchen 7.2m x 2m; Lounge 7.3m x 4.5m;
Exterior: L covered store and 2 garages with up and over doors.
Shop: £250 per week (£13,000 per annum) Tenant been in occupation over 10 years, no lease in place.
Flats: Potential £115/120 a week each (£12,000 per annum).
SERVICES: All mains services connected, separate meters with gas central heating to both flats. EPC RATING: D
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125 Whitegate Drive, Blackpool, FY3 9BX
Tenure Type: Freehold
Private Living: No