FOR SALE 21 & 23 PARK STREET LYTHAM LANCASHIRE FY8 5LU
INVESTMENT BUILDING PRIME INVESTMENT OPPORTUNITY IN THE CENTRE OF LYTHAM, LANCASHIRE OFFICES LET TO LINDER MYERS SOLICITORS RENTAL: £68,000 PA. 20 YEAR LEASES FROM 2012 CIRCA 453 SQ M (4,876 SQ FT). CAR PARK TO REAR
ASKING PRICE: £975,000
PARK STREET, LYTHAM LOCATION
ACCOMMODATION
This office investment building occupies a sought after location on Park Street in Lytham town centre. Park Street connects onto Clifton Street which is the main high street of the town. The building is within walking distance of Clifton Square which boasts an array of restaurants and cafes. Park Street boasts an array of local and regional operators that includes a Costa Coffee shop, Stringers department store, estate agents, Post Office and additional retailers / office occupiers.
GROUND FLOOR Reception, waiting room, offices, IT room, kitchens, WC. NIA: 145 sq m
Ease of commuting is available towards Preston, Wrea Green, St Annes and Blackpool as well as surrounding areas. By Road: Lytham to Blackpool is approximately 6 miles. Lytham to Preston is approximately 11 miles By Train: Lytham Train Station connects to / through Blackpool & Preston Train Station
DESCRIPTION The office investment building comprises of No. 21 & No. 23 Park Street combined. It provides accommodation over the ground, first and second floors with the addition of a cellar for storage. The buildings front onto Park Street. The rear of the property and rear car parks are accessed off Pleasant Street. The buildings are circa 110/115 years old and have been upgraded internally to provide good office accommodation throughout. The ground floor provides an array of accommodation to include a main reception and waiting room, kitchens, meeting rooms and a boardroom. There are various offices to the ground floor. To the first floor are a number of offices, kitchen and WCs. The second floor provides an array of office accommodation. The building benefits by way of a gas central heating system. Car parking: circa 14-16 car parking spaces available to the rear car parks.
FIRST FLOOR Offices, store rooms and WCs. NIA: 134 sq m SECOND FLOOR Offices and kitchen NIA: 147 sq m CELLAR NIA: 27 sq m. TOTAL NIA: 453 SQ M 4,876 SQ FT Above measurements are approximate.
LEASES / RENTAL Tenant: Linder Myers LLP (Company Registration Number: 0C338426). Registered Office Phoenix House, 45 Cross Street, Manchester, M2 4JF. 21 Park Street Lease dated 2nd August 2012 for a term of 20 years, with 5 yearly rent reviews. Rent: £34,000 pa. 23 Park Street Lease dated 2nd August 2012 for a term of 20 years, with 5 yearly rent reviews. Rent: £34,000 pa. Combined Rent: £68,000 pa. Copies of the signed leases are available on request.
PARK STREET, LYTHAM TENURE
RATEABLE VALUE
We are informed that the properties are freehold.
Rateable Value: £35,250 pa. Rates Payable: To be confirmed.
EPC RATING TBC.
VIEWING ARRANGEMENTS
VAT
Strictly via prior appointment through Duxburys Commercial on 01253 316919.
All prices quoted are subject to VAT at the prevailing rate. Disclaimer The sales particulars have been produced with information provided by the owner/occupier or landlord and are made in good faith without any responsibility whatsoever on the part of Duxburys Commercial. It is for the purchaser or as the case may be the lessee to satisfy themselves by inspection or otherwise, as to the accuracy or fullness of the information. They must not in entering into any contract or incurring costs or otherwise rely upon these particulars as statements or representations of facts.