Summary - 382, TALBOT ROAD FY3 7AT
1 bed 1 bath Retail Property (high street)
Four shops and four flats with established income and refurbishment potential.
Freehold parade: four shops and four two‑bed flats, fully let
Current passing rent £65,740 per annum from mixed leases
Large former supermarket unit sublet to household bargains
Rear loading area and off‑street parking for tenants and deliveries
Area classified as very deprived; local crime level high
Some leases include break clauses and subletting; tenant risk present
Mobile signal excellent; broadband speeds only average
Significant scope for modernization and asset management upside
This substantial freehold investment on Talbot Road comprises four ground-floor retail units and four self-contained two‑bed flats above, all currently let to long‑standing tenants. The property generates a current passing rent of £65,740 per annum and benefits from rear loading and off‑street parking — practical features for retail occupiers and service access.
The location sits on a busy main road in a densely populated southern Blackpool parade, around one mile from the town centre. The retail mix includes a large former supermarket (sublet), a funeral director, convenience retail and a takeaway — a diverse tenant base with staggered lease expiries and rental review dates that offer near-term income security and medium-term reversion potential.
Material considerations are clear: the area is very deprived with high local crime, and some leases carry break options or are sublets, which affect security of income. Broadband is average and wider socio‑economic indicators show constrained local aspiration; these are realistic factors for rental growth and capital valuation.
For an investor seeking a hands‑on suburban retail parade, this lot offers scale, established cashflow and upside through active asset management or targeted refurbishment. The property suits buyers comfortable with trading in higher‑risk, higher‑yield urban neighbourhoods and who can manage tenant relationships and potential refurbishment works.
Commercial property for sale in Talbot Road, Blackpool, Lancashire, FY1 — £250,000 • 1 bed • 1 bath • 1162 ft²
High street retail property for sale in 370 Talbot Road , Blackpool , FY3 — £70,000 • 1 bed • 1 bath • 825 ft²
High street retail property for sale in 372 Talbot Road , Blackpool , FY3 — £70,000 • 1 bed • 1 bath • 1273 ft²
Mixed use property for sale in 313 Church Street, Blackpool, FY1 3PF, FY1 — £129,950 • 1 bed • 1 bath • 732 ft²
Commercial property for sale in 86/86a Coronation Street, Blackpool, FY1 4QE, FY1 — £195,000 • 1 bed • 1 bath
High street retail property for sale in Central Drive, Blackpool, Lancashire, FY1 5EE, FY1 — £140,000 • 1 bed • 1 bath
