Park Road, Lytham St. Annes
Property Features
- GREAT INVESTMENT OPPORTUNITY TO PURCHASE WELL ESTABLISHED RETAIL UNITS IN THE HEART OF ST ANNES
- 2 Fully refurbished units - exterior fully refurbished in 2022
- Car parking spaces for both units, Rear yard, Staff space and Huge storage areas
- Privately owned forecourts
Property Summary
•2 Fully refurbished retail units – (option to purchase individually )
•Business Unaffected – 4 yrs left on Current lease at 28k per annum
•Full Exterior refurb in 2022 completed
•Complete with car parking, rear yard and storage.
•Fully air conditioned, fire alarmed & security shutters
•Forecourt Fully owned with property
•Well established retail units with the same owners for 23 yrs
Full Details
ARE YOU READY TO CHANGE YOUR FINANCIAL FUTURE?
Are you stuck paying rent when you could buy?
Own your own business premises and build up equity for your future/Pension
If you are looking for a 9% return on your investment in a solid fully refurbished commercial property take this one off opportunity to purchase a set of highly refurbished retail units in a prime, proven location.
LARGE TWIN RETAIL UNIT FOR SALE - 5 & 5A PARK ROAD, ST ANNES - KNOWN AS CUBE
The units would suit a variety of uses with private car parking and forecourt.
5 Park Road
Large Retail unit of 800 sqft
Privately owned forecourt
Air Conditioning, NIC Certificates, LED Lighting.
Fully fire alarmed and security shutters fitted.
Cellar with massive storage space, Stock Rooms and Offices
Car parking space and rear yard
Business Rates - on Small Business Rates Relief - zero fees
.
5A Park Road
Large Retail unit of 1000 sqft
Privately owned forecourt
Air Conditioning, NIC Certificates, LED Lighting.
Fully fire alarmed and security shutters fitted.
Cellar with huge storage space and delivery entrance, Stock Rooms and Offices
Car parking space and rear yard
Business Rates - on Small Business Rates Relief - zero fees
Why is this a solid investment?
Double unit at £364,000
5 Park Road at £165,000
5a Park Road at £199,000
Double unit at £364,000
Purchase price £364,000
Rental over 20 years at 28k to 30k per annum is £600k
Future sale price of property in 20 years assumed at £500k based on 2% inflation
Total return on investment £736,000 gross
These projections are based on current model which has been proven over the last 23 years.