Property description

The ground floor shop is let to a Tanning & Beauty business on a 5 year Lease from December 2012 at a rent of £8,000 pa increasing to £8,500 pa in year 3 onwards.
The apartment is owner occupied but will become vacant on the completion of a sale. The owners may look to rent out the apartment prior to a sale being achieved.
The apartment has benefited from a newly fitted kitchen and bathroom. It benefits from gas central heating and UPVC double glazing. There are two parking spaces to the rear of the property for the apartment. Internal viewings are highly recommended to view the apartment.
We understand that the apartment could achieve a rental income in the region of £600 - £650 pcm. All interested parties are to make their own enquires regarding rental potential.
The property fronts on Station Road. It can be accessed to the rear of Station Road, for access to the apartment.

Property Reference 0DC3274

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Ground Floor

Ground Floor Shop
NIA 85 sq m (915 sq ft).
Includes retail space, storage space, circulation areas and a rear entrance. WC.
Cellar: NIA 26 sq m (280 sq ft).
Rent £8,500



First Floor

First Floor Apartment ( Rear Entrance)
Hallway, Lounge/Dining Room, fitted Kitchen, double Bedroom, double Bedroom, Storeroom
Bathroom.
Rent £6,600 p a



Tenure

Long Leasehold, 999 year lease.

Business
Rental Income
Ground Floor Shop:
Lease details to be confirmed.
Rental income: £8,500 pax.
First Floor Apartment:
Rental income: £6,600 pax.
Let out on an AST Agreement.
Combined Rental Income £15,100 p a

Directions
Proceed through Lytham town centre along Clifton Street, away from St Annes in a southerly direction.

At the crossroads turn left into Station Road and the property can be found on the left hand side by way of a For Sale board.

Viewings
Strictly by prior arrangement through our office. No direct approach to be made to the property.

Property Features :

• Mixed Use Investment Property
• Located in a Commercial and Residential Area
• Sought After Location
• Ground Floor Shop Rent £8,000 pa rising to £8,500 pa
• First Floor Flat Let at £550 p c m (£6,600 p a)

Property Info:

• FLOOR PLAN