18-20 Clifton Street, Blackpool, Lancashire, FY1 1JP
The property is located fronting Clifton Street, a short distance from Talbot Square and Blackpool Town Hall, in the centre of Blackpool. The Promenade and Blackpool North Station are both in close proximity.
A three storey town centre retail and office building, adjacent to a proposed new Premier Inn hotel, let to Life 2009 and Barnfield Construction at a combined rent of £25,000 per annum.
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Interested parties should consult direct with the Local Planning Office: Blackpool Borough Council, PO Box 4, Blackpool, FY1 1NA. Telephone: 01253 477 477.
The ground floor is let to Life 2009 for a term of ten years from 28 August 2012 at a rent of £12,500 per annum.
The first and second floors are let to Barnfield Construction Ltd for a term of two years and six months from 1 June 2018, subject to a break clause on 30 May 2020, at a rent of £12,500 per annum.
We understand that VAT is payable at the prevailing rate in addition to the purchase price unless the transaction qualifies as a TOGC.
1.) The ground floor is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £17,000.
The first and second floors are entered in the 2017 Rating List under to separate assessments as "Offices and Premises" with Rateable Values of £5,600 and £4,900 respectively.
2.) Energy Performance Certificate = E.
FY1 1JP Open in Google Maps