Summary - 174, PROMENADE FY1 1RE
1 bed 1 bath Commercial Property
**Standout Features:**
- Large commercial property featuring a bar/nightclub and arts/dance venue in an iconic former cinema.
- Additional retail shop with 6 self-contained Airbnb apartments for passive income.
- Ample parking with a 26-space car park at the rear.
- Prime corner location adjacent to Blackpool's North Pier and town center.
- Significant potential for renovation or reimagining for diverse uses.
**Concerns:**
- The property requires renovations, indicating potential additional costs.
- High crime rate in the area and significant levels of deprivation, which may impact investment decisions.
**Summary:**
Discover a remarkable opportunity to own a substantial corner Promenade property in Blackpool, encompassing a vibrant bar/nightclub, an arts/theatre/dance venue, and a view-ready retail space—all situated within a historic former cinema. Sprawling over approximately 14,000 sq ft, this property includes six self-contained Airbnb apartments, presenting a potential rental income of around £100,000 per annum, perfect for savvy investors looking to capitalize on the area's tourist appeal.
Located just steps from North Pier and the bustling town center, this property is ideal for entrepreneurs seeking a versatile space that can cater to nightlife, events, or creative industries. The expansive car park enhances accessibility for guests and customers alike. While the building requires some renovation, the unique Edwardian charm and central location offer tremendous potential for growth, allowing you to create a thriving hub for entertainment and hospitality. Act now and explore the possibilities that await in this promising investment located in one of Blackpool's most vibrant districts!
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