31 Clifton St 1,020 SF 100% Leased Retail Building Blackpool FY1 1JQ £190,000 (£186.27/SF) 15.28% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Town Centre Building
- Good Retail Frontage
- Wealth of Passing Trade
EXECUTIVE SUMMARY
A ground floor commercial premises, combined with a Kitchen / staff break out area and WC's to rear first floor. - The upper floors comprise of two self contained apartments. - 1 no. two bedroom apartment - 1 no. three / four bedroom apartment - The building occupies a convenient location within the town centre. - It benefits from a wealth of passing pedestrian and vehicle trade. - The apartments can be let out to private tenants or used for Serviced Accommodation Holiday Lets. Internal viewing is highly recommended by appointment and essential to appreciate the accommodation on offer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,020 SF
Building Class
B
Year Built
1921
Price
£190,000
Price Per SF
£186.27
Net Initial Yield
15.28%
NOI
£29,040
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.51
Lot Size
0.05 AC
Frontage
18 ft on Clifton Street
AMENITIES
- Signage
- EPC - C
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
