COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 20 May 2021

31A, B & C Whitegate Drive & 2A Leeds Road, Blackpool, Lancashire, FY3 9AA

*Guide | £150,000 (plus fees)

  • Mixed Use
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 20/05/2021

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Mixed Use Investment Opportunity - Generating £18,072 Per Annum

Not inspected internally but understood to comprise a two-storey mixed-use buidling briefly comprising 2x ground floor retail units and self-contained flat arranged on the first floor, situated in a prominent corner position fronting Whitegate Drive. 31a & b Whitegate– comprising a ground floor retail unit currently Let as a café/takeaway at £9,972 per annum, holding over on a 10-year lease from April 1999. 31c Whitegate Drive – comprising a ground floor retail unit currently Let to a Cobblers on a 7-year lease from October 2015 at £3,900 per annum. 2a Leeds Road – comprising a first floor self-contained flat Let on an AST at £4,200 per annum. Total Income: £18,072 per annum (£1,506 pcm) Tenancy & Tenure Please refer to legal pack for further information including leases. Accommodation We have taken the Net Internal Floor Areas from the VOA as follows: 31a & b Whitegate: 57.7 sq m (621 sq ft) 31c Whitegate: 21.1 sq m (227 sq ft) Location: The property is situated in a prominent corner position predominantly fronting Whitegate Drive (A583), close to local amenities including shops, local businesses and schools. Blackpool’s promenade is located approximately 1.5 miles from the property. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating 31A&B - C, 31C - G, 2 Leeds - TBC

Local Authority

Blackpool Borough Council

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.

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.