SOLD

TypeGeneral Industrial units · Industrial Investments · Mixed Portfolio Investments · Industrial Portfolio Investments

FY3 PETERS BUILDINGS, REAR, Devonshire Road, Blackpool

TenureFor sale

PETERS BUILDINGS, REAR, Devonshire Road, Blackpool, FY31/5

Specification

Property type
Property typeGeneral Industrial units · Industrial Investments · Mixed Portfolio Investments · Industrial Portfolio Investments
Tenure
TenureFor sale

Description

This building is leased out in separate parts to generate a rental income: - Large brick built warehouse building, split into approx. 13 units. - Ideal for a commercial property investor looking for a strong rate of return. - May also suit a potential owner occupier in the future, subject to obtaining vacant possession if required. - Ground and first floor space, plus basement - Half way down the right hand side of the building is a car parking area/yard that is used by some on the tenants. - Rental schedule below - Combined rental income potential circa. £28,380 pa - Excellent investment opportunity offering a gross rate of return of approx. 14% - Potential for residential re-development in the future (STPP)

Amenities

BRICK BUILT WAREHOUSE BUILDING, SPLIT INTO APPROX 13 UNITS AND LET OUT TO PRODUCE RENTAL

COMBINED POTENTIAL RENTAL INCOME: £28,380 PA

LONG TERM TENANTS AND EXCELLENT OPPORTUNITY

MAY HAVE POTENTIAL FOR RESIDENTIAL RE-DEVELOPMENT IN THE FUTURE (STPP)

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