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48 Whitegate Dr 790 SF Retail Building Blackpool FY3 9AL $373,027 CAD ($472.19 CAD/SF) 9.70% Cap Rate

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Investment Highlights

Self-contained modern 3-bedroom maisonette
Forecourt parking for 3 vehicles.
Retail unit benefits from double glazing, electric heating and L2 fire alarm system

Freehold mixed-use investment opportunity
EPC Ratings B & C
Residential accommodation benefits from double glazing and gas central heating

Executive Summary

This freehold mixed-use investment opportunity is being offered for sale via Secure Sale online auction with a starting bid of £198,000. The property comprises an established nail and beauty salon let to a long-term tenant at £650 per calendar month and a self-contained three-bedroom maisonette generating £950 per calendar month, producing a combined annual income of £19,200. The vendor advises that there is potential to increase the income to approximately £21,500 per annum through rental uplift. Located in a busy central Blackpool position on Whitegate Drive, the asset offers investors a diversified income stream from both commercial and residential occupiers, together with off-street parking and freehold ownership.

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