Blackpool Road, Bispham, FY2 0HR

A prominent corner property located in Bispham Village a local shopping parade approximately 3 miles from Blackpool Town Centre. Busy area with popular free public car park and other users include Tesco Express, Bargain Booze, Co Op Food, Sayers, Coral, Pizza Hut. Two ground floor catering units occupied by the same family plus a separate 2 bedroom flat above. Rental income £16,000 per annum providing a 10.7% yield.

LOCATION: Corner of Ingthorpe Avenue and Blackpool Road/Red Bank Road opposite The Albion Pub and Bispham Village shops and free car park.

ACCOMMODATION

Ground Floor: Corner Cafe with counter servery and kitchen, takeaway open plan servery and kitchen;

First Floor: Rear entrance via rear staircase; kitchen/diner; bathroom; lounge; 2 bedrooms;

Exterior: Staircase to access to flat.

RENT SCHEDUAL:

Cafe - £6,250 per annum - 15 year lease from 6/11/2005

Takeaway - £4,000 per annum - 9 year lease from 6/11/2016

Flat - Let on ASHT from Sept 2016, rent £475 per calendar month (£5,700 pa)

Total - £15,950 per annum

SERVICES: All mains services connected, gas central heating and double glazing.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

2 Blackpool Road, Bispham, Blackpool FY2 0HR

Tenure Type: Freehold

Private Living: No