Map2 bedroom property
Key information
Features and description
- Investment Property
- Comprising 4 Permanent Flats Located Above a Commercial Unit
- South Shore, Blackpool
- Close to Promenade and Amenities
- Substantial 3 Storey Property
- Draws Approx £21,420 Per Annum When Fully Let
- Priced to Sell
We are pleased to offer this Investment property for sale.
This substantial 3 storey property comprises of 4 permanent flats, 1 x 2 bed apartment and 3 x 1 bed flats, located above a commercial unit.
The property is situated in the busy all year round trading location of Lytham Road in South Shore Blackpool.
Please note we have not inspected this property.
Rooms
Location
The subject property is situated on Lytham Road in South Shore, Blackpool. The area is a large mix of commercial and residential properties with an extremely high level of footfall and traffic and is a short walk to the promenade. Blackpool is located 9.6 miles south of Fleetwood, 17 miles west of Preston and 50 miles northwest of Manchester.
Accommodation
GROUND FLOOR
Main Communal Entrance leading to Hallway and Staircase.
FIRST FLOOR - Flat 1:
Lounge.
Kitchen.
Bedroom.
Bathroom comprising 3 piece suite.
Flat 2:
Lounge.
Feature Dining Area.
Kitchen.
Bedroom 1.
Bedroom 2.
Bathroom comprising 3 piece suite with shower over bath
SECOND FLOOR
Flat 3:
Lounge
Kitchen.
Bedroom.
Bathroom comprising 3 piece suite.
Flat 4:
Lounge/Diner with feature elevated dining area.
Kitchen.
Bedroom.
Bathroom comprising 3 piece suite.
Tenure
Leasehold. Title number LAN18994.
Tenancy Information
We are informed flat 1 is currently vacant (previously let for £420 pcm), flat 2 draws £550 pcm, flat 3 draws £395 pcm and flat 4 draws £420 pcm. When fully let the property draws £21,420 per annum.
Council Tax
All flats are band A.
EPC
Flat 1: Available upon request (rating D).
Flat 2: Available upon request (Rating E).
Flat 3: Available upon request (Rating D).
Flat 3: Available upon request (Rating E).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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