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461 Promenade 2,763 SF Retail Building Blackpool FY4 1AR $553,895 ($200.47/SF)
INVESTMENT HIGHLIGHTS
- Superb Promenade Location
- Renaissance Style, Licenced Restaurant with Substantial Private Accommodation plus 2 Separate Tenanted Units
- Units with potential to generate an Additional Income of £30,000 per annum
- Family Business Established 1985
EXECUTIVE SUMMARY
For sale via secure sale online bidding – terms and conditions apply.
We are delighted to offer a rare opportunity to purchase this fabulous Renaissance style sea front Property on the Vibrant South Promenade, comprising of licensed restaurant with a separate self contained apartment, forecourt with seating and 2 tenanted units.
This substantial 3 storey property is situated on Blackpool’s busy South Promenade within close proximity to the Pleasure Beach, entertainments and amenities. The family run business is currently trading as a licenced Italian restaurant, originally established in 1985 and operating on a seasonal basis. The restaurant has 50 covers with additional forecourt seating for 60 covers. There are 2 separate detached units on the forecourt which can generate an income of £30,000 per annum, and have had the same vendors for the last 20 years.
Viewing is highly recommended
Please note we have not inspected the property.
We are delighted to offer a rare opportunity to purchase this fabulous Renaissance style sea front Property on the Vibrant South Promenade, comprising of licensed restaurant with a separate self contained apartment, forecourt with seating and 2 tenanted units.
This substantial 3 storey property is situated on Blackpool’s busy South Promenade within close proximity to the Pleasure Beach, entertainments and amenities. The family run business is currently trading as a licenced Italian restaurant, originally established in 1985 and operating on a seasonal basis. The restaurant has 50 covers with additional forecourt seating for 60 covers. There are 2 separate detached units on the forecourt which can generate an income of £30,000 per annum, and have had the same vendors for the last 20 years.
Viewing is highly recommended
Please note we have not inspected the property.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,763 SF
Building Class
C
Year Built
1985
Price
$553,895
Price Per SF
$200.47
Tenancy
Single
Building Height
3 Stories
Building FAR
0.85
Lot Size
0.07 AC
Frontage
19’ on Promenade
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461 Promenade
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