Summary - GROUND FLOOR, 146-148, PROMENADE FY1 1RE
1 bed 1 bath Mixed Use
**Standout Features:**
- Prime location on Blackpool Promenade, just a short walk from North Pier and major attractions
- Mixed-use freehold property with potential as a retail unit and two self-contained holiday apartments
- Unique design includes a modernist mezzanine in the living area and a balcony with stunning sea views
- Close proximity to public transport and local amenities
- Auction property, offering a great investment opportunity
**Concerns:**
- Requires significant refurbishment; its current condition includes damp and mold issues
- High crime rate in the area and low socio-economic status may pose concerns for some buyers
- Essential for buyers to conduct thorough due diligence prior to bidding
This versatile mixed-use property stands as an exceptional investment opportunity located on the bustling Blackpool Promenade. With a freehold title, the ground floor retail space is coupled with two self-contained holiday apartments above, creating endless possibilities for income generation. The apartments feature spacious layouts, particularly the second/third-floor unit that boasts a multi-level living room and a private balcony offering panoramic seaside views.
However, it's crucial to note that the property is in need of extensive repair, including addressing damp and mold, which makes it a true fixer-upper. Given its prime location near popular tourist destinations, this property holds significant potential, especially for investors looking to tap into the lucrative holiday rental market. With the auction set for April 15th-16th, 2025, don't miss your chance to transform this property into a thriving venture or a cozy getaway in the heart of Blackpool. Act quickly, as opportunities like this won't last long!
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