Park Road, Lytham St. Annes
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key 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
Description
•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.
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.
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Large Retail Unit For Sale - 5 Park Road - A Large Retail unit of 800 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.
Cellar, which houses a massive storage area, 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? - 5 Park Road at £165,000
Purchase price £165,000
Rental over 20 years at 14k per annum is £280k
Future sale price of property in 20 years assumed at £235k based on 2% inflation
Total return on investment £350,000 gross
These projections are based on current model which has been proven over the last 23 years.
Brochures
Park Road, Lytham St. AnnesBrochurePark Road, Lytham St. Annes
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Annes-on-the-Sea Station0.1 miles
- Ansdell & Fairhaven Station1.6 miles
- Squires Gate Station2.0 miles
About the agent
COUNTY ESTATE AGENTS is an independent local company, specialising in the sale and rental of residential property in Lytham St Annes.
Our prominent high street location on Orchard Road in the heart of St Annes is open 7 days a week and provides us with the perfect position to market and sell or rent your property.
We have an excellent reputation for our personal service and our enthusiastic team will guide you through the selling or letting process with ease.
Industry affiliations
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
![Ombudsman for REsale Estate Agents (no OFT logo)](https://media.rightmove.co.uk/dir/customer/industry-affiliation/ombudsman-for-resale-estate-agent_max_135x100.png)
![Association of Residential Letting Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/association-of-residential-lettings-agent_max_135x100.png)
Notes
Disclaimer - Property reference 32876050. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by County Estate Agents Ltd, Lytham Saint Annes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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