Multi-tenanted property with parking and refurbishment upside for hands-on investors.
Prime corner position with high passing pedestrian and vehicle trade
Freehold mixed-use building with ground-floor retail and large first-floor flat
External forecourt/car parking and three small yard areas for servicing
Combined stated rental income £35,616 pa from multiple tenancies
Two ground-floor units currently vacant; requires re-letting or refurbishment
Area classified as very deprived with very high local crime rates
Sold at auction — next sale date Monday 27th October 2025
Upper floors previously used as accommodation; may need updating
This freehold mixed-use corner property sits on Central Drive/Bloomfield Road, a high-visibility arterial junction in Blackpool. Ground-floor retail units plus a large first-floor residential flat produce a blended income stream and offer an investor-ready, multi-tenancy layout. The building includes an external forecourt/car park and three small yard areas, useful for servicing and customer access.
The lot is offered for sale by auction (next date: Monday 27th October 2025). Current combined rental income is stated at £35,616 pa from a mix of tenancies; leases vary in length and start dates, with two ground-floor units currently vacant and previously achieving rental levels. The property will suit a landlord seeking multiple income streams and hands-on management or an investor prepared to refurbish and re-let empty units.
Material considerations: the wider area is very deprived with a very high local crime rate, and parts of the building will need renovation to maximise rental value. The upper floors have been used as accommodation previously but may require updating to meet modern residential standards. Prospective buyers should allow for management costs, refurbishment works and the risks inherent in the location.
The asset’s strengths are its corner trading position, steady pedestrian and vehicle passing trade, proximity to local attractions and transport links, and on-site parking. These factors support potential rental growth after targeted investment, but the property is best suited to investors comfortable with active asset management and refurbishment in a challenging urban market.
House for sale in Central Drive, Blackpool, FY1 5JN, FY1 — £25,000 • 1 bed • 1 bath
Commercial property for sale in 296 Central Drive, Blackpool, Lancashire, FY1 5JW, FY1 — £110,000 • 1 bed • 1 bath • 2555 ft²
Office for sale in 296 , Central Drive, Blackpool, Lancashire, FY1 — £110,000 • 1 bed • 1 bath • 2555 ft²
High street retail property for sale in Central Drive, Blackpool, Lancashire, FY1 5EE, FY1 — £140,000 • 1 bed • 1 bath
High street retail property for sale in Central Drive, Blackpool, Lancashire, FY1 — £140,000 • 1 bed • 1 bath
7 bedroom mixed use property for sale in 8 Station Terrace, Blackpool, Lancashire, FY4 1HT, FY4 — £110,000 • 7 bed • 1 bath • 3226 ft²


