Victoria Road West, Thornton-Cleveleys, Lancashire, FY5 1BU
Bedrooms: 0
  • Purchase Price: £175,000
  • Rental Income: £20,000pa
  • Yield: 11.4%
Commercial property with the opportunity to convert the upper floors in to residential accommodation.

The property is currently let to one tenant, who is using the upper floors for storage. The tenant has agreed they will consider amending their lease agreement to only include the ground floor with a small reduction on the rent. This would allow the upper floors to be converted STP.

The upper floors are accessed by a self contained front door giving easy access for a future development.

A development of the upper floors would greatly enhance the gross rental value and increase the yield of the property.
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