16 bedroom block of apartments for sale

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16 bedroom block of apartments for sale

Bond Street, Blackpool, FY4
£1,000,000

Our Summary

  • EXCLUSIVE VIEWINGS DAY - SUNDAY, 1st DECEMBER - BY APPOINTMENT ONLYInvestment Opportunity – Prime Mixed-Use Commercial & Residential Property Near Pleasure Beach, Blackpool with an Attractive Gross Yield of Nearly 12%Located just 250 yards from both Blackpool Pleasure Beach and the sandy shores, this impressive mixed-use property offers a steady income stream and further potential for value growth
  • Further Potential:Office Space: Four large office spaces currently vacant, offering potential to increase income with new leases
  • This property represents a unique investment opportunity with steady income, further potential for value addition, and a prime location near key Blackpool attractions

Description

This exclusive mixed-use property is located just 250 yards from Blackpool Pleasure Beach and the beach, offering a prime location for both local and tourist traffic. The property features four retail units with long-term tenants, generating a total annual income of £47,740. Additionally, there are six high-spec apartments, fully renovated and rented by a Service Accommodation provider, generating £69,840 per annum. The property also has four large office spaces currently vacant, offering potential to increase income with new leases. With a total annual income of £117,580, this property represents a unique investment opportunity with steady income, further potential for value addition, and a prime location near key Blackpool attractions. The property is being offered to investors seeking a reliable income stream and potential for growth.
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