25 Luton Road, Cleveleys, FY5 3EB

Corner property occupying a large site on the north west corner of Luton Road and Magdalen Road in a good residential area of Cleveleys close to Lidl supermarket, Victoria Road West and the Promenade.The two storey building consists of 4 residential flats 1 x 2 bedroom ground floor flat with its own entrance plus a ground floor 1 bedroom flat and 2 first floor studio flats. Parking for 4 cars, lawned fenced garden and garage. Gross rental income circa £23,000 per annum.

LOCATION Located on the north west corner of Luton Road and Magdalen Road in a good residential area of Cleveleys close to Lidl supermarket, Victoria Road West and the Promenade.

GROUND FLOOR 25a - Flat 4: Lounge open plan kitchen 3.3m x 5.2m; Bedroom 3.2m x 2.9m; Bedroom 3.4m x 3m; Shower and toilet 1.7m x 2.2m. 25 - Communal hall and stairs. Flat 1: Lounge 4.7m x 3.6m; Bedroom 2.2m x 3.6m; Kitchen 2m x 3.5m; Shower and toilet 1.8m x 2m.

FIRST FLOOR Flat 2: Lounge/bedroom 4.2m x 3.6m; Kitchen 2.3m x 3.4m; shower and toilet 2.8m x 0.8m. Flat 3: Lounge/bedroom 3m x 3.7m; Kitchen 2.9m x 2.8m; Bathroom and toilet 1.8m x 1.75m.

EXTERIOR Lawned garden; Parking 4 cars; Garage.

BUSINESS Rent schedule; Flat 1: £100 a week (£5,200 pa) Flat 2: £100 a week (£5,200 pa) Flat 3: £440 pcm (£5280 pa) Flat 4: £552 pcm (£6624 pa) Garage: £50 pcm (£600 pa)

Total £22,940 per annum.

SERVICES Electric and water. Electric heating. Coin sub meters to each flat for electricity. Landlord pays the water rates, tenants pay council tax.

TENURE Freehold. The area inside the red line on the photographs is under separate ownership on a flying freehold.