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. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating D
Blackpool Borough Council
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.