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1-3A Dickson Rd 2,185 SF 100% Leased Retail Building Blackpool FY1 2AX $880,842 ($403.13/SF) 11.38% Cap Rate

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Investment Highlights

Investment property comprising 3 retail units and 8 self-contained flats
Located in Blackpool town centre
Close to Blackpool North train station, the New Holiday Inn, town centre amenities and entertainments

Substantial 3-storey property
Situated in the heart of Blackpool’s regeneration area

Executive Summary

The property at 34 And 36 Queen Street, Blackpool, Lancashire, FY1 2AX is offered as an investment opportunity comprising 3 retail units and 8 self-contained flats. One retail unit is let at £11,000 per annum, one is vacant with an advertised rent of £10,500 per annum, and another is let at £6,000 per annum. The brochure states that 7 of the 8 self-contained flats are currently let, with total annual income of £73,939 when fully let. All flats are electric only, with individual supplies for the 6 flats at 3 Dickson Road and metro meters for the 2 flats at 36 Queen Street.

Marketing brochure