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Retail property (high street)
Property description & features
- Tenure: Freehold
- Mixed commercial/residential portfolio
- 3x ground floor retail units
- First floor self contained apartment
- Freehold title
- Busy commercial location
- Great potential investment property
We are pleased to offer to auction this mixed commercial and residential portfolio, excellently located along a buys retail parade on New Bank Road, Blackburn. The portfolio comprises 3x ground floor retail units, and a first floor self-contained residential apartment. The units are to be sold with vacant possession, but offer an excellent investment opportunity.
Please note that we have not inspected this property.
Rooms
Location
The subject property is prominently located along New Bank Road, a large commercial street within a large residential area just outside of Blackburn city centre. Blackburn is a large town around eleven miles east of Preston and thirty miles north of Manchester. The property has good transport links into Blackburn centre with regular bus services nearby the property.
Accommodation
Three retail units to the ground floor, plus apartment above.
We are advised that further information and dimensions are to follow.
Sizes according to VOA as below:
23: 46.4sqm (499sqft)
23b: 37.5sqm (404sqft)
23c: 44.7sqm (481sqm)
Tenure
Freehold. Title number LA510198.
Rateable Value
The adopted rateable values are as follows:
23: £5,800
23b: £4,600
23c: £5,600
Sourced from VOA, as of 1st April 2023.
EPC
Available upon request (rating D).
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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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 13, 2022
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Energy Performance data and Internal floor area
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