Summary - Charnley Road, Blackpool, Lancashire, FY1 FY1 4PP
1 bed 1 bath Warehouse
**Investment Opportunity Overview:**
- **Property Type**: 5 Industrial Units/Warehouses plus a Garage
- **Location**: Central Blackpool, FY1 4PP
- **Total Size**: Approximately 6,808 sq. ft.
- **Current Rental Income**: £11,400 pa, with potential for an additional £15,000 pa.
- **Asking Price**: £330,000
- **Condition**: Established manufacturing & joinery business trading for over 30 years; tenanted units.
- **Key Concerns**: Crime rate in the area is very high; located in a deprived neighborhood.
This substantial investment opportunity features five industrial units and a garage, ideally situated in the heart of Blackpool. Spanning over 6,800 square feet, this fully tenanted property boasts two units engaged in manufacturing and joinery, with a history of stable occupancy. Currently generating a rental income of £11,400 per annum, there's exceptional potential for growth with the joinery business alone potentially raising income by an additional £15,000 annually.
The units are accessible with shutter doors, and off-street parking accommodates multiple vehicles—a convenient feature for tenants or business operations. While the location offers many amenities, potential buyers should be mindful of the area's high crime rate and broader socio-economic challenges. This property, suitable for investors seeking business growth or steady rental income, is priced competitively due to the owner's retirement. Viewing is highly recommended to appreciate its value and explore renovation potential, especially given its current mixed-use possibilities. Act quickly, as opportunities like this in Central Blackpool do not last long!
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