Three Tenanted Retail Units & Three Two Bed Apartments – Currently Producing £22,910 pa
The property comprises the Freehold of three tenanted retail shops and three two-bedroom apartments above. One of the apartments has been sold in 1984 on a 999 year lease at £10 pa. The property is currently fully occupied and let as follows: - Shops 112a St Annes Road - hairdressers - £3,500 Per Annum – Holding over on expired lease understood to have been in occupation c12 years 112b St Annes Road - Cake Shop - £3,500 Per Annum – Holding over on expired lease understood to have been in occupation c10 years 1 Harcourt Road - Value Vacs - £5,500 Per Annum – Holding over on expired lease understood to have been in occupation c14 years Tenanted Apartments Apartment 1 (Flat C – First Floor) £5,200 Per Annum Apartment 2 (Flat D – Second Floor) £5,200 Per Annum Apartment 3 – Sold off 999 year lease from 1984 £10 Per Annum. Location Prominently located fronting St Annes Road at the junction of Harcourt Road opposite South Shore Academy (Secondary School), Palatine Leisure Centre and library. Blackpool town centre is approximately 1.5 miles to the north. 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.
Tenure
Leasehold
Energy Efficiency Rating (EPC)
Current Rating D & E and remaining on order
Local Authority
Fylde Borough Council
Solicitors
Alker Ball Heald, Unit A1, Ref: Gary Shepherd, Tel: 01942 246241
Offered in association with
Broomheads Estate Agents
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 - 2.4% inc VAT of the purchase price, subject to a minimum of £1500 including 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.