For Sale By Auction | 13:00, 17 December 2020 | Lot 29

163-167 Central Drive, Blackpool, Lancashire, FY1 5ED

Sold £90,000

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 17/12/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Tenanted Ground Floor Retail Unit Producing £9,600 per annum

Comprising a tenanted ground floor retail unit arranged within a four-storey property. We have not inspected however we are informed by the vendor that the unit provides the following accommodation. Main sales area including suspended ceilings and air conditioning, cold food area, stock room and store room. We are informed the unit benefits from a cellar. Accommodation We have taken the internal measurements from the VOA (Valuation Office Agency) as follows: Total Area: 176.8 sq m (1,903 sq ft) Location The property is located fronting Central Drive (A5099) in a popular location in central Blackpool, within close proximity to the promenade. Tenancy Let to Central Bargains on a five year FRI lease from November 2020 at £9,600 per annum. We are informed this tenant has been in occupation since 2016. Tenure Long Leasehold 999 years from 8th April 1988.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Blackpool Borough Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.