Freehold Restaurant Investment and Retail Opportunity
•Majority Let to Bella Italia Restaurants Ltd until 2023
• Active Management Potential
• Principle Town Centre Retailing Pitch
• Approximately 100m from the world famous Winter Gardens Theatre, Blackpool Tower and Blackpool Pier
• Nearby occupiers include Abbey National, The Orange Shop, Carphone Warehouse and Lloyds TSB
• Six Week Completion Period Available
Lot 8
Auction 18th October 2012
Rent £66,600 per Annum Exclusive
Status Sold Prior
Price
Sector Leisure
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of a Major Pension Fund
Property Information
Location
Miles
18 miles west of Preston
28 miles west of Blackburn
56 miles north of Liverpool
Roads
A583, A584, M6, M55
Rail
Blackpool North
Air
Liverpool John Lennon Airport, Manchester Airport
Situation
Blackpool, famous for the iconic Blackpool Tower, beach, pier and illuminations, benefits from some 11 million tourist visitors each year. The property is situated on a retail position on one of the town’s principal retailing thoroughfares and is approximately 100m equidistant from Blackpool Tower and the Winter Gardens Theatre and Blackpool Pier.
Tenure
Freehold.
Location
Miles
18 miles west of Preston
28 miles west of Blackburn
56 miles north of Liverpool
Roads
A583, A584, M6, M55
Rail
Blackpool North
Air
Liverpool John Lennon Airport, Manchester Airport
Situation
Blackpool, famous for the iconic Blackpool Tower, beach, pier and illuminations, benefits from some 11 million tourist visitors each year. The property is situated on a retail position on one of the town’s principal retailing thoroughfares and is approximately 100m equidistant from Blackpool Tower and the Winter Gardens Theatre and Blackpool Pier.
Tenure
Freehold.
Description
The property, a substantial traditional retail building comprises a self contained retail unit on part of the ground floor, restaurant accommodation on the part ground and first floor and ancillary accommodation on the second and third floors.
Nearby occupiers include Abbey National, The Orange Shop, Carphone Warehouse and Lloyds TSB.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a substantial traditional retail building comprises a self contained retail unit on part of the ground floor, restaurant accommodation on the part ground and first floor and ancillary accommodation on the second and third floors.
Nearby occupiers include Abbey National, The Orange Shop, Carphone Warehouse and Lloyds TSB.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
