£145,000 (Freehold)View More Details
DESCRIPTION: Substantial corner property located off Queens Promenade on the corner of Holmfield Road and Northumberland Avenue at North Shore Blackpool. The property consists of two ground floor shops and a self-contained 3 bed flat above. The freehold property is capable of producing £1,300 per month £15,600 per annum). Good mixed investment providing a 10.8% yield.
LOCATION: On the North West corner of Holmfield Road and Northumberland Avenue close to Queens Promenade at North Shore Blackpool.
56a Holmfield Road – Corner double fronted retail shop trading as a Barbers approx. 27.5sqm;
56b Holmfield Road – Single fronted retail shop trading as a Hairdressers approx. 47.4sqm including kitchen, wc and store;
20 Northumberland Avenue – 4 Bedrooms; lounge; kitchen; bathroom;
Exterior: Forecourt and rear yard.
BUSINESS: The rent schedule is as follows;
56a Holmfield Road:- Chops Shop Barbers 5 year lease from 2014, rent £4,200 per annum
56b Holmfield Road:- Kathian Hairdressers 5 year lease from 2016, rent £4,800 per annum
20 Northumberland Avenue:- Vacant, previously let £550 per calendar month (£6,600 per annum).
SERVICES: All mains services connected.
TENURE: Freehold (subject to tenancies).
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
56/56a Holmfield Road & 20 Northumberland Avenue, North Shore, Blackpool FY2 9RT
Tenure Type: Freehold
Private Living: No