Summary - 22 Victoria Road West, Cleveleys, FY5 1BS FY5 1BS
3 bed 1 bath Mixed Use
Income-producing Edwardian mixed-use building with immediate rental and uplift potential.
Shop let until November 2025 at £11,800 per annum
A compact, income-producing mixed-use building on Cleveleys’ busy Victoria Road West, offered with immediate rental income and uplift potential. The ground-floor retail unit is let at £11,800 per annum (lease to November 2025) and the three self-contained flats yield £15,600 per annum, giving a current total rental income of £27,400. The property was converted to a high standard about 15 years ago and had a fire alarm upgrade in 2023.
The Edwardian mid-terrace building combines a sizeable shop floor, rear stores and three modest flats, each recently refurbished and fitted with gas central heating and individual meters. There is off-street parking, rear access to the flats via a covered walkway and mains services to the building. Broadband speeds are average and mobile signal is excellent for tenants and customers.
This is a clear investor opportunity: existing income and scope to increase rents on both the retail and residential units. The location benefits from high footfall, nearby national retailers and proximity to the promenade, supporting tenant demand. Buyers should note the shop lease expires in November 2025, creating re-letting or redevelopment decisions in the short term.
Material drawbacks are factual: the property sits in a very deprived area with high recorded crime and constrained local market indicators. The overall building footprint is small (approximately 609 sq ft total) which limits conversion or extension potential. Tenure information is not provided and should be verified before purchase.
Mixed use property for sale in 122 Victoria Road West, Cleveleys, FY5 3LG, FY5 — £159,950 • 1 bed • 1 bath
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High street retail property for sale in 50/52 Highfield Road, Blackpool, FY4 2JA, FY4 — £160,000 • 1 bed • 1 bath • 649 ft²
Commercial property for sale in 86/86a Coronation Street, Blackpool, FY1 4QE, FY1 — £195,000 • 1 bed • 1 bath
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