Park Road, Lytham St. Annes
Property Features
- GREAT INVESTMENT OPPORTUNITY TO PURCHASE WELL ESTABLISHED RETAIL UNIT IN THE HEART OF ST ANNES
- Fully refurbished unit - exterior fully refurbished in 2022
- Car parking, Rear Yard and Storage
- Privately owned forecourt
Property Summary
•A Fully refurbished retail unit
•Full Exterior refurbished 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 unit 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
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.
The unit would suit a variety of uses with private car parking and forecourt.
LARGE RETAIL UNIT FOR SALE - 5a PARK ROAD
KNOWN AS CUBE -
A Large Retail unit of 1000 sqft, set in the heart of vibrant St Annes Town Centre offering a modern and spacious retail space with strong footfall.
The property boasts the following facilities:
A privately owned forecourt
Air Conditioning and LED Lighting (with NIC Certificates)
Fully fire alarmed and security shutters fitted.
Massive storage area in cellars and delivery entrance, Stock Rooms and Offices
A private designated car parking space and rear yard
OTHER INFORMATION:
Business Rates - on Small Business Rates Relief - zero fees
WHY IS THIS A SOLID INVESTMENT?
5a Park Road at £199,000
Purchase price £199,000
Rental over 20 years at 16k per annum is £320k
Future sale price of property in 20 years assumed at £299k based on 2% inflation
Total return on investment £519,000 gross
These projections are based on current model which has been proven over the last 23 years.