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Informations principales sur l'investissement
- Mixed Use Investment Opportunity.
- Includes 3 x Rear Garages.
- Remaining Parts Vacant.
- ERV Approx £25,000 per annum.
- Investment Let at £9,000 p.a. plus Vacant Retail and Garages.
- Retail Unit with Three Bedroom Flat to the Upper Parts.
- Flat Let on AST.
- Evident Asset Management Potential Via Letting.
- VAT-Free Investment.
- ERV Reflects 16% Gross Yield on Guide Price.
Résumé analytique
Lot 221 is available by way of Savills Online auction 25th February 2026
The property comprises a mixed-use investment opportunity occupying a prominent pitch and benefitting from evident asset management potential. Arranged as a ground floor retail unit with a three bedroom flat to the upper parts, the property is currently part-let, with the flat let to private individuals on an AST which expired 09.07.2025 and paying £9,000 per annum. We understand the tenant is continuing to pay rent and is therefore holding over. We consider the property benefits from immediate asset management potential via letting of the vacant retail space. Furthermore the property has an opportunity to generate additional incomes via letting of the three garages to the rear, which are also vacant. We consider the property may benefit from development potential via development/conversion of the rear garages to alternative uses (subject to obtaining the requisute consents). The property occupies a prominent pitch fronting Reads Avenue in the heart of Blackpool. The property is adjacennt to Central Drive, the principal conduit street in Blackpool and 0.3 miles from Blackpool Central Pier.
The property comprises a mixed-use investment opportunity occupying a prominent pitch and benefitting from evident asset management potential. Arranged as a ground floor retail unit with a three bedroom flat to the upper parts, the property is currently part-let, with the flat let to private individuals on an AST which expired 09.07.2025 and paying £9,000 per annum. We understand the tenant is continuing to pay rent and is therefore holding over. We consider the property benefits from immediate asset management potential via letting of the vacant retail space. Furthermore the property has an opportunity to generate additional incomes via letting of the three garages to the rear, which are also vacant. We consider the property may benefit from development potential via development/conversion of the rear garages to alternative uses (subject to obtaining the requisute consents). The property occupies a prominent pitch fronting Reads Avenue in the heart of Blackpool. The property is adjacennt to Central Drive, the principal conduit street in Blackpool and 0.3 miles from Blackpool Central Pier.
Informations sur l’immeuble
Type de vente
Propriétaire occupant
Condition de vente
Vente aux enchères
Type de bien
Local commercial
Droit d’usage
Pleine propriété
Sous-type de bien
Boutique
Surface de l’immeuble
68 m²
Classe d’immeuble
B
Année de construction
1897
Prix
152 364 €
Prix par m²
2 243,54 €
Occupation
Mono
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,91
Surface du lot
0,01 ha
Façade
5 m sur Reads Avenue
Caractéristiques
- Espace d’entreposage
1 1
Principaux commerces à proximité
1 sur 8
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
1 Reads Ave
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