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Block of apartments for sale
95 Clifton Street, Lytham, FY8 5EH
£495,000
95 Clifton Street, Lytham, FY8 5EH
£495,000
Our Summary
- The shop offers scope for uplift on renewal with recent comparable lettings in the area indicating a potential rent of £22,000/23,000 per annum subject to negotiation and agreement
Description
This substantial three-storey property is located on the high street in Lytham, a popular and affluent town just 11 miles south of Blackpool. The ground floor is occupied by William Hill, generating £18,000 per annum until May 2026, while the upper floors offer two self-contained apartments that produce an additional £16,800 per annum, for a total income of £34,800 per annum. The property presents a rare opportunity to acquire a high street investment in Lytham, with the potential for rent uplift on renewal, given recent comparable lettings in the area suggesting a potential rent of £22,000-23,000 per annum. The property is situated on Clifton Street, opposite the square, and is surrounded by a mix of independent traders and well-known national brands.