Freehold Investment Plus Ground Floor Café Business For Sale - Blackpool, Lancashire, United Kingdom

Asking price: £400,000

Business description: Superb Freehold Investment Opportunity 5 Self Contained One Bedroom Flats plus Ground Floor Café Business This represents a superb invertment opportunity to acquire a 4-storey freehold building plus basement currently comprising 5 very well appointed self contained one bedroomed flats with the added bonus of a ground floor family run café that is highly profitable. Benefits of the property include gas central heating and double glazing. There is parking space for two cars. Viewing is highly recommended. The building was refitted some 6 years ago. Scope of works included a new façade with new brickwork giving the flats a modern fresh appearance as well as complete re-wiring, new roof, re-plumbing and re-decoration. Each flat has electric card meter, all necessary smoke and fire alarms and comes fully furnished. All furniture, fixtures and fittings are included within the sale price. Room Details: Basement- Storage Rooms and Laundry room Ground Floor -Main cafe Seating for 96 Diners ,W/C Seperate Ladies and gents toilets Take-away area with servery counter , preparation kitchen With a range of equipment including four pan gas frying range, 10 pan Bain Marie, display cold shelf with heater lamps, gas griddle and extractor. Rear kitchen with commercial dishwasher, 6 ring gas burner, classical hot water boiler, fridges and freezers. Exterior- Access to back yard and parking First Floor - W/C gents toilets for guests Flat 1 Lounge/ kitchen, Double Bedroom. Shower and toilet. Possible rent- £80 per week. Band ‘A’ Flat 4 Lounge. kitchen, Double Bedroom. Shower and toilet.possible rent- £95 per week. Band ‘A’ Second Floor Flat 2 Lounge/ diner, kitchen, Double Bedroom. Shower and toilet. Possible rent- £90 per week. Band’A’ Flat 3 Lounge, kitchen, Double Bedroom. Shower and toilet. Possible rent £90 per week. Band ‘A’ Third Floor Studio flat open plan lounge/ diner/ kitchen/ bedroom. Shower and toilet. Possible rent £65 per week. The property is centrally heated and has double glazing. All flats have card meters. Business information Accounts will show for the café and take- away a turnover figure of approximately £10,000 per annum. Possible rent- £12,000 p.a. Possible total rent for flats- £22,000 per annum. Standard Equipment Within Each Flat: • Lounge-Carpets, curtains, nets, ceiling light, electric fire, settee and chairs, table, • Kitchen- electric cooker, fridge, fitted wall and floor cupboards, vinolay flooring • Bedroom- Carpet, light, curtains, wardrobe, drawers, double bed • Bathroom- vinolay flooring, light, extractor, shower unit, shower cabinet, vanity unit, towel rail, w/c roll holder

Trading hours: The café is open from March through to November each year. It is open 7 days a week within this period from 1000-2100 Hours.

Property :

Location: The building is freehold. Rental income for the flats is circa £22,000 per annum. The current vendor runs the café as a family business but this could be leased out if a new owner does not wish to run this side of the business. Anticipated rental is circa £12,000 p.a. The premises are in excellent condition. The café is fully equipped. A full inventory can be supplied upon request. The infrastructure of the building is very good.

Support & training: The current owners would be happy to provide full training and support at handover.

Reasons for selling: The vendors wish to relocate.