An End Terrace Building with accommodation over five floors and arranged as Eight Self-Contained Flats with a current annual income of £32,958
Auction House will NOT be conducting viewings at this property. NOT inspected by Auction House and advised by the the vendor that the property comprises:- Flat 1 – A ground floor one bedroom apartment currently let at £300.00 every 4 weeks. Flat 2 – A one bedroom first floor apartment currently let at £280.00 every 4 weeks. Flat 3 – A two bedroom apartment currently let at £360.00 paid every 4 weeks. Flat 4 – A one bedroom apartment currently let at £280.00 paid every 4 weeks. Flat 5 – A Two bedroom apartment currently let at £400.00 paid every calendar month. Flat 6 - A two bedroom apartment currently let at £340.00 paid every 4 weeks. Flat 7 – A one bedroom apartment currently let at £303.00 paid on 1st Saturday of each month. Flat 8 – A one bedroom top floor apartment currently let at £303.00 paid every 4 weeks. We are advised by the vendor that all flats have double glazing, Flats 1-7 have gas central heating and Flat 8 has electric heaters. There is an intercom to all flats and CCTV in the communal areas. Prospective purchasers are advised to check the legal pack to confirm tenancy details as Auction House had not had sight of the tenancy agreements at the time of cataloguing. Location The property is situated in the West End of Morecambe on a main road (A589), convenient for the promenade, local shops and bus routes to Morecambe Town Centre and Lancaster City Centre. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating D,D,D,D,C,C,E,& F
Lancaster City Council
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.