Mixed Investment Property

Marton Drive, Blackpool, Blackpool

£119,950 (Freehold)

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Mixed Investment Property

Commercial Investments

REF 010127


DESCRIPTION: Mid terraced property located in a parade of shops in a prominent position at Spen Corner which is the junction of 4 main roads in the Marton area of Blackpool. Ground floor Hair Salon on a 3 year lease from 2019 with option to renew for a further 3 years, rent £400 per calendar month. 2 self contained flats above (1 x 2 bedroom and 1 x 1 bedroom) let at £390 and £350 respectfully. Total rental income £13,680 per annum.

LOCATION: On Marton Drive at the Traffic Light junction known as Spen Corner where Marton Drive, Waterloo Road, Ansdell Road and Harrowside Lane meet.

ACCOMMODATION
Ground Floor: Double fronted salon; beauty room; kitchen; wc; separate entrance to flats;

First Floor: Flat 1: Lounge; bedroom; kitchen; bathroom; bedroom; Flat 2: Lounge; shower and wc; kitchen; bedroom;

RENTAL SCHEDULE:
Shop: £400 per calendar month let on a 3 + 3 year lease from 2019
Flat 1: £390 let on ASTA
Flat 2: £350 let on ASHA
Total: £1,140 per calendar month
Gross: £13,680 per annum.

SERVICES: Electric and water services connected, double glazing.

EPC RATING: E

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

5 Marton Drive, Blackpool FY4 3DE

Tenure Type: Freehold
Private Living: Yes


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