DESCRIPTION: The mid terraced property is located in the centre of Poulton, a market town close to Blackpool, which is a popular destination for eateries, restaurants and bars. Single fronted bar premises held on a lease until 31st August 2024, passing rent £12,000 per annum. Self contained 2 bedroom apartment above let at £550 per calendar month (£6,600 per annum). Total rental income £18,600 per annum providing a 7% yield. The investment property next door is also available if a larger investment is required.
LOCATION: Breck Road is in the centre of Poulton close to the railway station amongst all the popular restaurants and bars.
Ground Floor: Single fronted bar premises with customer wc’s and associated facilities plus rear beer garden;
Upper Floors: 2 bedroom self contained apartment.
Ground Floor Restaurant No 9: Lease from 1st September 2017 to 31st August 2024. Rent £12,000 per annum, 3 year rent review.
First Floor Flat No 9a: Let on Assured Hold Tenancy Agreement, rent £550 per calendar month (£6,600 per annum).
SERVICES: Separate services to commercial and residential parts.
TENURE: Freehold subject to tenancies.
DECLARED INTEREST: The vendor is related to a member of Kays staff.
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE. UNDER NO CIRCUMSTANCES MUST ANY APPROACH BE MADE DIRECT.
9/9a Breck Road, Poulton, FY6 7AA
Tenure Type: Freehold
Private Living: No