Entry-price town centre lot with immediate rental income and scope to increase returns.
Double-fronted Victorian high-street retail with living accommodation above
A double-fronted, three-storey Victorian building in Central Drive, Blackpool, offered as an investment lot at auction. The ground floor operates as a mini-market with refrigeration and a separate preparation area; the upper two floors provide two-bedroom living accommodation currently used as private accommodation. The property is offered with a starting bid and is Freehold.
The retail unit currently produces £9,000 per annum in rental income with clear potential to increase revenue through re-letting, rent review, or different retail use. The layout includes a main shop (approx. 542 sq ft), a preparation area, a walk-in fridge/chiller and an internal stair to the residential floors. There is a small rear yard for service access.
Practical considerations: the building sits in a very high crime, very deprived area with excellent mobile signal but very slow broadband. The location benefits from heavy year-round footfall being close to Blackpool Tower and central amenities, which supports convenience retail but may deter some tenants or buyers. Sale will proceed via online auction under the auction house’s terms and fees.
This lot will suit an investor seeking an entry-price commercial property with immediate rental income and short-term upside from asset management, or a buyer prepared to manage tenancy and local lettings risks. Viewing is recommended to assess condition and commercial potential in person.
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