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95 Clifton St 748 SF Retail Building Lytham St Annes FY8 5EH $660,669 ($883.25/SF) 3.64% Cap Rate
INVESTMENT HIGHLIGHTS
- On the northerly frontage of Clifton Street, Lytham directly opposite the square.
- A popular busy affluent town located approx 11 miles south of Blackpool.
- Other occupiers close by include Stringers Department store, Sainsburys Local, Pizza Express, Costa Coffee, Boots & Tesco Express.
EXECUTIVE SUMMARY
Ground floor shop occupied by William Hill at a rent of £18,000 per annum until May 2026. Upper floors provide 2 self contained apartments producing a further £16,800 per
annum giving a total income £34,800 per annum. The shop offers scope for uplift on renewal with recent comparable lettings in the area indicating a potential rent of £22,000/23,000 per annum subject to negotiation and agreement. Rare opportunity to acquire a high street investment in Lytham.
annum giving a total income £34,800 per annum. The shop offers scope for uplift on renewal with recent comparable lettings in the area indicating a potential rent of £22,000/23,000 per annum subject to negotiation and agreement. Rare opportunity to acquire a high street investment in Lytham.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
748 SF
Building Class
B
Year Built
1890
Price
$660,669
Price Per SF
$883.25
Cap Rate
3.64%
NOI
$24,024
Tenancy
Single
Building Height
4 Stories
Building FAR
0.20
Lot Size
0.08 AC
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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95 Clifton St
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