Mixed use investment opportunity

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

BTG Eddisons' record

About the lot

Leasehold mixed use lot in Thornton-Cleveleys. Producing £33,300 a year, a 13.9% gross yield at the guide.

Lot 363, Commercial Property. Mixed use investment opportunity. Producing £33,300 per annum combined. Let to established business/tenant. 999-year long leasehold tenure. EPC Rating: D. A mixed-use investment opportunity comprising ground floor and part first floor commercial premises extending to approximately 268.73 Sq M (2,892 Sq Ft) and currently occupied by an established electrical appliance retail business. The remainder of the first floor and second floor comprises a three bedroom flat let to a professional tenant. The property is fully let and producing a combined rent of £33,300 per annum. The property is located in the centre of Cleveleys, a short distance from the main thoroughfare of Victoria Road West, and just 1 mile from the A585 Amounderness Way, which provides access to the M55 motorway. An opportunity to acquire a well let investment property in excellent condition, occupied by a tenant that has been trading from this location for 20 years. Occupancy: Commercial investment. Accommodation: Ground Floor (Commercial): Retail & Storage: 192.90 Sq M (2,076 Sq Ft)* * Floor area obtained from VOA website First Floor (Commercial): Storage: 75.83 Sq M (816 Sq Ft)* * Floor area obtained from VOA website First Floor (Residential): Entrance Hall Living Room: 3.95m x 6.17m Kitchen: 3.63m x 4.13m Bathroom: 1.49m x 2.53m Second Floor (Residential): Bedroom: 2.39m x 3.41m Bedroom: 3.47m x 4.29m Bedroom: 3.79m x 4.58m Site Area: Approximately 246 Sq M (294 Sq Yds) Tenure: Leasehold Occupancy: Commercial investment General: Tenancy: The ground floor and part first floor are let to Preslecspares Ltd for a term of 5 years from 21 August 2026 at a rent of £25,200 per annum. The lease is subject to a break option at the second anniversary. The flat is let by way of an Assured Shorthold Tenancy agreement at a rent of £675 pcm (£8,100 per annum). Business Rates: The property is entered in the 2026 Rating List as "Shop and Premises" with a Rateable Value of £16,000. The Rateable Value is not the amount payable. Council Tax: The flat to the upper floors is listed with a Council Tax assessment in Band A. Tenure: We understand that the property is held by way of two 999-year leases from 13 October 1902. Address: 1 Nutter Road, Thornton-Cleveleys, Lancashire FY5 1BG