1 /8
£125,000
Sherbourne Road, Blackpool, FY1
- 0 beds
£125,000
- 0 beds
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Estimate monthly mortgage payment:
£571 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£6,250
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DESCRIPTION: **FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are delighted to offer this Investment Property / Development Opportunity for sale.
The property comprises a Ground Floor Retail Unit which is currently leased to a Mental Health Charity, a First Floor Luxury 2 Bedroom Apartment which is let and a Plot of Land to the rear which we are informed has outlined planning for the development of two 2 Bed Residential Dwellings.
This 2 storey corner property is situated in a prominent position in Sherbourne Road, North Shore, Blackpool.
Must be Viewed to be Appreciated.
80 Sherbourne Road, Shop
Ground Floor
Main Entrance leading to:
Open Plan Retail Area
Rear Office Area
Kitchen
Toilet
Exterior
Forecourt to the front with Car Parking
Land to the Rear
Small Plot of Land to the rear of the property.
80a Sherbourne Road
Ground Floor
Main Entrance leading to:
Internal staircase.
First Floor
Gorgeous Open Plan Lounge area with Fitted Kitchen.
Master Bedroom
Double Bedroom
Bathroom comprising 3-piece suite with shower over bath.
AGENTS NOTES: The first-floor apartment is centrally heated and is double glazed.
We are informed that outline planning has been passed for the development of two 2 Bed Residential Dwellings.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed the Ground Floor Shop is leased to a Mental Health Charity currently at a rent of ?6,600 per annum but a new 5-year lease is in place to commence from 16th June 2025 at an increased annual rent of ?7,800.
The First Floor 2 Bed Apartment is let on a shorthold tenancy agreement at ?550.00 per calendar month.
The property draws an income of ?13,200 per annum, which will rise to ?14,400 per annum.
TENURE: Freehold.
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV220M
The property comprises a Ground Floor Retail Unit which is currently leased to a Mental Health Charity, a First Floor Luxury 2 Bedroom Apartment which is let and a Plot of Land to the rear which we are informed has outlined planning for the development of two 2 Bed Residential Dwellings.
This 2 storey corner property is situated in a prominent position in Sherbourne Road, North Shore, Blackpool.
Must be Viewed to be Appreciated.
80 Sherbourne Road, Shop
Ground Floor
Main Entrance leading to:
Open Plan Retail Area
Rear Office Area
Kitchen
Toilet
Exterior
Forecourt to the front with Car Parking
Land to the Rear
Small Plot of Land to the rear of the property.
80a Sherbourne Road
Ground Floor
Main Entrance leading to:
Internal staircase.
First Floor
Gorgeous Open Plan Lounge area with Fitted Kitchen.
Master Bedroom
Double Bedroom
Bathroom comprising 3-piece suite with shower over bath.
AGENTS NOTES: The first-floor apartment is centrally heated and is double glazed.
We are informed that outline planning has been passed for the development of two 2 Bed Residential Dwellings.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed the Ground Floor Shop is leased to a Mental Health Charity currently at a rent of ?6,600 per annum but a new 5-year lease is in place to commence from 16th June 2025 at an increased annual rent of ?7,800.
The First Floor 2 Bed Apartment is let on a shorthold tenancy agreement at ?550.00 per calendar month.
The property draws an income of ?13,200 per annum, which will rise to ?14,400 per annum.
TENURE: Freehold.
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV220M
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Mortgage and legal costs:
£999
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