18 Palatine Road, Blackpool | Property for sale | Savills
Guide price £190,000(₹ 2,10,16,475)

18 Palatine RoadBlackpool

  • New
  • Sole agency
  • Freehold
Investment

Key features

  • To be offered on Tuesday 24 September
  • Previously Let - Producing £95,782
  • Development Potential subject to any requisite consents
  • Guide Price Reflects 50% Gross Yield on potential rent
  • Eight holiday apartments
  • Offered with Full Vacant Possession
  • Established and Popular Location
  • 6 week completion

The property trading as 8 x holiday apartments, 3 x 1 bed apartments, 3 x studio apartment, 1 x family suite split level apartment and 1 x GF 1 bed apartment.

About this property

  • The property is currently trading as 8 x holiday apartments – 3 x 1 bedroom apartments, 3 x studio apartment, 1 x family suite split level apartment and a 1 x ground floor 1 bed apartment. We understand that trading figures from 1/4/23 - 31/3/24 were £95,782. Please refer to legal pack for further information. Property is to be sold with vacant possession however, future bookings, goodwill and fixtures and fittings can be negotiated with the seller. The property is situated on the Northerly frontage of Palatine Road at its junction with Central Drive and the new Blackpool central 300 million pound leisure development that is under construction. Palatine Road is a popular road, which is within close proximity of a wide range of amenities, including Blackpool the sea front, and the Central Pier. Blackpool itself is a popular tourist destination in the North West, along with good access to the surrounding towns.

Local information

  • The property is located approximately 0.6 miles from Blackpool town centre and approximately 19 miles from Lancashire city centre. Blackpool and Fylde College/University Campus are also located 0.3 miles away.