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Auction: 28th October 2026 Live Stream Auction 28/10/2026 - Bidding opens Wednesday 28th October 10:00 AM

1 Nutter Road, Thornton-Cleveleys, Lancashire FY5 1BG

Guide Price
£240,000 plus
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Property Details
Location
Auction Details
Description
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.
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)
Costs
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 
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.

Our Nearest Office

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