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£110,000

The Crescent, Fylde, FY8

  • 0 beds
Other

£110,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£502 per month

Minimum deposit amount:

£5,500
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**For Sale by Online Auction** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale.




The property comprises of 2 Ground Floor Retail Unit, which are currently both Let on License, generating a total income of ?14,000 per annum.





The property is situated in the busy all year-round trading location of The Crescent in the popular sea-side town of St Annes on Sea in Lancashire.





Viewing is Highly Recommended.





Ground Floor


Unit 1


Main Shop (approx. 484 sq ft) Open plan stylish and contemporary retail area with high ceiling, feature tile flooring and a separate glazed office area.

Store Area.


Toilet.





Unit 2 (Situated to the Rear of the Property)


(Approx. 520 sq ft)


Main Entrance leading to:


Open plan office/studio space.


Kitchen with fitted base units.


Toilet.




Exterior


Car Park to the rear providing parking for 2 Motor Vehicles.





AGENTS NOTES: Sales subject to the fees, terms and conditions of Pattinson Auctions.





BUSINESS: Unit 1 is let as a retail unit on a 2-year license from April 2024 at a rent of ?666.67 pcm.


Unit 2 is let as a retail unit on a 12-month license from March 2024 at a rent of ?500.00 pcm.


The property draws ?14,000 per annum.





TENURE: Freehold





PRICE IS STARTING BID




VIEWING: By appointment through Kenricks 01253 420420.






Property Reference INV152M

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