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289-291, Whitegate Drive

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FY3 9JY Blackpool
Ref: 10614

  • 4,245.00 ft² (394.37 m²)
  • Price on application

Description

Description

• Freehold Retail Investment Opportunity on behalf of M J Cowlishaw & D J Langton, Joint Administrators.

Location

The property is located on Whitegate Drive, a busy arterial road, circa 1 mile southeast of Blackpool town centre. Blackpool is a large coastal town located approximately 43 miles northwest of Manchester. The surrounding area is predominantly residential in use albeit there are several retail uses in the vicinity. Nearby occupiers include B&M Bargains, Papa Johns Pizza and Subway.

Summary

The property comprises a large convenience store with ancillary ground floor storage and staff accommodation and an associated car park with seven spaces.
Internally, the retail area benefits from suspended ceilings and air conditioning.
The gross internal retail area is 4,245 sq ft. (394 sq m).

Income

The property is leased to Carringtons (Whitegates) Limited for a 10 year term from 26 May 2017. The annual rent is £20,000 for the first year and increases to £40,000 until the end of the term from 27 May 2018. Subject to a rent review at the 5th anniversary of the lease.

Guide Price

Offers in the order of £500,000 are invited on an unconditional basis.

Energy Rating

Energy Rating

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Contact

Contact
Rose Treasure
Vicky Beach
Laura Allen
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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