Land · FY1 5JN
For saleListed 15 daysAuction 9 Nov · in 20 days
Opportunity summary
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About
For sale by auction next auction date 9th November 2026.
This mixed use investment property occupies a prime trading location on the corner of the main arterial routes of Central Drive and Bloomfield Road.
The location benefits from a wealth of passing vehicles and pedestrian trade. It occupies a highly visible position which is ideal for the businesses in occupation.
The surrounding areas comprise of dense residential areas. Ease of access is available to Blackpool Football Stadium and complex, local tourist attractions and the promenade.
Description This mixed use investment property comprises: -1 tenanted mixed use unit comprises a convenience store, first and second floor storage but previously used as accommodation.
- 5 no additional commercial units, to the ground floor. -One tenanted large residential flat, which spans the whole of the first floor- Flat no. 92.
- An external forecourt/ car parking area, that fronts onto Bloomfield Road. - 3 no. Additional smaller yard areas for other parts of the building.
- Highly visible building - Located on the corner of two main arterials routes and adjacent to a traffic lights system and bus stop.
- Excellent opportunity for a landlord looking for a range of rental incomes. Rental Income 401 Central Drive/ 88-90 Bloomfield- Convenience Store and 1 bed flat. 6 year lease from November 2020.
Rent £7100 pa exclusive 399 Central Drive- Kebab shop/takeaway 5 year lease from March 2020 rent £3276 pa exclusive 397 Central Drive- Hair & Beauty Salon 3 year lease from October 2022 rent £3840 pa exclusive 395 Central Drive- Vacant Previously achieved £4800 pa 393 Central Drive- Fish & Chip Shop 6 year lease from October 2022 rent £5200 pa exclusive 391 Central Drive- Vacant Previously achieving £4200 pa 92 Bloomfield Road- Residential 4 bed Flat Rolling yearly lease from November 2022 rent £7200 pa exclusive combined rental income: £35,616 pa exclusive
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 391, 393, 395, 397, 399, 401, Central Drive/Bloomfield Road, Blackpool
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