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20 Benson Rd 309 SF Retail Building Blackpool FY3 7HP $80,936 ($261.93/SF) 9.17% Cap Rate
Investment Highlights
- EPC Rating E
- Double-glazed and electric-only premises
- Potential rental income of approximately £5,500 per annum
- Shared rear yard access and communal toilet
- Suitable for a variety of commercial uses (subject to planning)
Executive Summary
This freehold retail property is offered for sale by auction with a starting bid of £60,000. The premises comprise an empty split-level retail unit positioned within a small parade of shops on Benson Road, North Shore, Blackpool. Arranged over ground and lower ground floors, the property is suitable for a variety of commercial uses subject to any necessary consents. The unit has recently been vacated and is reported to have an estimated rental value of approximately £5,500 per annum. The property benefits from double glazing, electric services, a forecourt, shared rear yard access, and parking to the front.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
309 SF
Building Class
B
Year Built
1924
Price
$80,936
Price Per SF
$261.93
Cap Rate
9.17%
NOI
$7,419
Tenancy
Single
Building Height
3 Stories
Building FAR
0.62
Lot Size
0.01 AC
Frontage
9’ on Benson Rd
Amenities
- Corner Lot
1 1
Nearby Major Retailers
1 of 7
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20 Benson Rd
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