Clifton Drive South, Fylde, FY8 Investment Property For Sale

This Substantial 3 Storey Property comprises of 2 retail units and 7 self contained flats. One of the retail units is let and one is currently being used by a family member but will be offered with vacant possession. 4 of the flats are currently let and the further 3 flats are undergoing renovation.

The property is situated in the popular residential location of Clifton Drive, just outside the town centre of St Annes on Sea.

Viewing Highly Recommended.

Retail Unit

Ground Floor

Treatment Room.

Smaller Treatment Room.

Back Wash.

Store Area

Retail Unit 2

Treatment Room.

WC.

Small Laundry.

Separate Entrance 1 Leading to 5 x Flats

Ground Floor

Main Communal Entrance leading to:

Hallway. Lift (currently not in use).

Flat 5 (Needs some renovation)

Open Plan Lounge/Kitchen

Conservatory leading to

Garden

Shower and Toilet.

Separate Bathroom comprising

3-piece suite with shower over bath.

2 x Double Bedrooms.

First Floor

Flat 1

Open Plan Lounge / Kitchen.

Double Bedroom 1.

Jack and Jill Bathroom comprising

3-piece suite with shower over bath.

Double Bedroom 2.

Flat 2

Hallway

Open Plan Lounge / Kitchen

Double Bedroom.

Double Bedroom with WC and access to Private Balcony.

Bathroom comprising 3-piece suite with shower over bath.

Second Floor

Flat 3

Open Plan Lounge / Kitchen.

Double Bedroom x 2.

Bathroom comprising 3-piece suite with shower over bath.

Flat 4 (Split Level Maisonette)

Open Plan Lounge / Kitchen.

Bathroom comprising 3-piece suite with shower over bath.

Double Bedroom

Stairs leading to:

Double Bedroom with Private Balcony with Sea View.

Separate Entrance

Leading to:

Ground Floor Flat (2 Bedroom) and First Floor Flat (2 Bedroom) Currently undergoing renovations.

EXTERIOR: Car Park to the front of the property with parking for 10 motor vehicles. Generous Yard / Garden Area to the rear which can be accessed by 2 of the flats.

BUSINESS: Flat 1,2,3 and 4 each draws £8,340 per annum (£33,360 in total) Flat 5, 6 and 7 are currently under renovation. Fully let and with a slight rental uplift the flats would draw £63,840 per annum. One of the commercial units is let at £7,200 per annum and there is also scope to let the second unit (currently used by a family member) at a rent of £7,200 per annum.

TENURE: Freehold

VIEWING: By appointment through Kenricks 01253 420420.