Summary - 90 RED BANK ROAD BLACKPOOL FY2 9DZ
1 bed 1 bath Not Specified
Income-producing mixed-use asset with parking and long-standing tenants.
Gross income c. £38,520 per annum
Two ground-floor retail units with commercial leases
Three self-contained flats on assured shorthold tenancies
Forecourt parking for eight vehicles
Substantial three-storey corner building
Sold at auction — sale terms apply
Property not inspected; buyer to verify condition
Tenure unknown; confirm title and lease details
A substantial three-storey corner investment close to year-round footfall in Bispham, Blackpool. The property combines two ground-floor retail leases with three self-contained flats, current gross income approximately £38,520 per annum. A forecourt at the side provides off-street parking for eight vehicles — a strong practical asset in a busy trading location.
All units are occupied on existing tenancy agreements (commercial leases and assured shorthold tenancies) with long-standing tenants. The building is described as being in immaculate order throughout and offers straightforward income without immediate refurbishment needs, making it suitable for a hands-off landlord or an investor seeking to add a steady yield property to a portfolio.
Important considerations: the property will be sold at auction, and the vendor statement confirms the building has not been inspected. Tenure details are not provided and should be verified before bidding. The property sits in a deprived local area which may affect future rental growth, though the location benefits from strong local amenities and consistent trading traffic.
This lot suits investors seeking an income-producing mixed-use asset with parking and stable occupancy. Buyers should commission their own due diligence, confirm lease terms and tenure, and allow for auction purchase procedures and any subsequent management or legal costs.
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