Ground-floor income with conversion planning for four apartments.
- Freehold mixed-use building in central Blackpool
A central Blackpool mixed-use building offered freehold with immediate ground-floor rental income from two tenanted shop units. The first and second floors comprise a disused 17-bedroom former hotel with full planning permission to convert into four two-bedroom apartments, presenting clear redevelopment upside for capital growth and improved rental yields.
The property sits a short walk from Blackpool town centre attractions, transport links and year-round footfall, which supports both retail and residential demand. Practical positives include excellent mobile signal, a modest forecourt/parking area to the front, and a compact, town-centre footprint that suits a conversion developer or buy-to-let investor.
Buyers should factor in significant refurbishment and remediation: the upper floors are disused and described as fair-to-poor internal condition, and the building will require works to complete the permitted conversion. The location is in a very deprived area with very high recorded crime levels, which can affect tenant mix, lettings and management costs. Broadband speeds are average, and plot size is small — check parking and amenity needs if targeting family tenants.
This opportunity is geared toward experienced investors or developers who can manage refurbishment, navigate town-centre constraints and benefit from immediate shop income while delivering the approved apartments above. An on-site inspection, review of the full EPC, floorplans and confirmation of local management options are recommended before offer.
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