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Investment Highlights

  • Prime investment in the centre of Blackpool
  • Well located
  • Rebased rent based on current rental evidence in blackpool

Executive Summary

The property is subject to a lease dated 4th November 2016 between Select Property Management
SP and TSB Bank Plc for a term of 10 years from the 29th May 2016 at a rent of £39,000 per annum.
The lease is granted on a Tenant’s Full Repairing and Insuring basis.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
2,888 SF
Building Class
C
Year Built
1984
Price
$930,281 CAD
Price Per SF
$322.12 CAD
Cap Rate
7.40%
NOI
$68,841 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.95
Lot Size
0.07 AC
Frontage
48’ on Birley St

Amenities

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Starbucks
Costa Coffee
Caffè Nero
Co-op
Lloyds Bank
Virgin Money
Barclays
National Westminster Bank Plc
Bella Italia
Nando's
  • Listing ID: 24769821

  • Date on Market: 2022-01-05

  • Last Updated:

  • Address: 25-27 Birley St, Blackpool FY1 1EG

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