Lot
008
Auction Ends: 24/04/2024 - Bidding opens Tuesday 23rd April 10:00 AM

19-21 London Street & 87-91 Lord Street, Fleetwood, Lancashire, FY7 6JE

Property Details
Location
Auction Details
Description
A mixed use retail and residential investment opportunity comprising a substantial end terrace town centre building let to three retail tenants across ground and first floors along with 2 x 1 bedroom residential flats. All elements of the property (except one apartment) are currently let and producing an annual equivalent rent of approximately £37,000 with further scope to increase the annual rent once the vacant flat is occupied.
Location
The property is prominently situated fronting onto the corner of London Street and Lord Street in the centre of Fleetwood. Other nearby occupiers include Iceland, Boots, Subway and BetFred.
Accommodation
The following measurements have been taken from the VOA office agency website;

87-91 Lord Street (ground floor)245 Sq M 
87-89 Lord Street (first floor)
21 London Street (ground floor)37 Sq M 
21 London Street (first floor)77 Sq M 
19 London Street (flat 1)Not inspected
19 London Street (flat 2)Kitchen, Bedroom, Bathroom
Tenancy

87-91 Lord Street (ground floor)Holding over from initial lease circa 2006 at £22,960 p/a
87-89 Lord Street (first floor)10 year lease from 1st May 2017 at £2000 p/a
21 London Street (ground floor)£300pcm 
21 London Street (first floor)£350pcm

19 London Street (flat 1)£85 p/wk
19 London Street (flat 2)Vacant

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD APRIL AND CLOSES ON WEDNESDAY 24TH APRIL.

3. Energy Performance Certificate = 87-91 Lord Street = B. 19 Flat 1 London Street = D. 19 Flat 2 London Street = E. 21 London Street = E.

Our Nearest Office

Liverpool 600x300

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