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£525,000
Bank Hey Street, Blackpool, FY1
- 0 beds
Under offer/SSTC
£525,000
- 0 beds
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Estimate monthly mortgage payment:
£2,397 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£26,250
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DESCRIPTION: Kenricks are pleased to offer this ideal development opportunity for sale. This substantial property is situated in a prime High Street Town Centre location in Blackpool.
This four storey building is stripped to the bare structure and fronts directly onto the pedestrianised Bank Hey Street.
We are informed there is planning consent for the creation of 3 new retail units at Ground Floor level, 6 x 2 bed and 1 x 1 bed flats over the 1st and 2nd floors.
4 Storey (including Basement) premises at circa 10,000sq ft
We are informed all asbestos has been removed with reoccupation report.
Exterior: Service yard to the rear.
VAT: VAT - This property is subject to VAT.
RATES: Pending final completion.
AGENTS NOTES: We are informed Planning Permission has been granted for external alterations to form 3 retail units (Class A1) at ground floor level and use of upper floors as 7 self-contained permanent flats. We understand from the Vendor that this investment could achieve a yield of over 12%.
**Plans available to view online at Blackpool.gov.uk - Blackpool Council Planning website. Planning Reference number 19/0438
TENURE: Freehold
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV159L
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£2,397 per month
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£5,000
Mortgage and legal costs:
£999
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Property details
DESCRIPTION: Kenricks are pleased to offer this ideal development opportunity for sale. This substantial property is situated in a prime High Street Town Centre location in Blackpool.
This four storey building is stripped to the bare structure and fronts directly onto the pedestrianised Bank Hey Street.
We are informed there is planning consent for the creation of 3 new retail units at Ground Floor level, 6 x 2 bed and 1 x 1 bed flats over the 1st and 2nd floors.
4 Storey (including Basement) premises at circa 10,000sq ft
We are informed all asbestos has been removed with reoccupation report.
Exterior: Service yard to the rear.
VAT: VAT - This property is subject to VAT.
RATES: Pending final completion.
AGENTS NOTES: We are informed Planning Permission has been granted for external alterations to form 3 retail units (Class A1) at ground floor level and use of upper floors as 7 self-contained permanent flats. We understand from the Vendor that this investment could achieve a yield of over 12%.
**Plans available to view online at Blackpool.gov.uk - Blackpool Council Planning website. Planning Reference number 19/0438
TENURE: Freehold
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV159L
£525,000
flat for sale
Bank Hey Street, Blackpool, FY1
DESCRIPTION: Kenricks are pleased to offer this ideal development opportunity for sale. This substantial property is situated in a prime High Street Town Centre location in Blackpool.
This four storey building is stripped to the bare structure and fronts directly onto the pedestrianised Bank Hey Street.
We are informed there is planning consent for the creation of 3 new retail units at Ground Floor level, 6 x 2 bed and 1 x 1 bed flats over the 1st and 2nd floors.
4 Storey (including Basement) premises at circa 10,000sq ft
We are informed all asbestos has been removed with reoccupation report.
Exterior: Service yard to the rear.
VAT: VAT - This property is subject to VAT.
RATES: Pending final completion.
AGENTS NOTES: We are informed Planning Permission has been granted for external alterations to form 3 retail units (Class A1) at ground floor level and use of upper floors as 7 self-contained permanent flats. We understand from the Vendor that this investment could achieve a yield of over 12%.
**Plans available to view online at Blackpool.gov.uk - Blackpool Council Planning website. Planning Reference number 19/0438
TENURE: Freehold
VIEWING: By appointment through Kenricks 01253 420420.
Property Reference INV159L