Corner Property With Two Commercial Unit And Five Flats
137 Church Street & 3,5,7 South King Street Mixed use property comprises of two retails units and five flats, all tenanted and generating an income. Description Prominent corner property in the centre of Blackpool. The property comprises of two tenanted retail units on the ground floor. Both retail unit and all five flats are currently let and generating £42,159.96 per annum. Accessed through separate entrance are five self-contained flats all let on AST set over two floors. The first floor of the building has two 2 bedrooms flats with separate kitchen and living rooms. On the second floor there are 3, one bedrooms flats, 2 with independent kitchen and bathroom facilities, 1 flat has kitchen in the lounge. The flats have communal entrance and bin store. Accommodation Front retail unit -125m2 Side retail unit-49m2 Flat 1 (first floor)-52m2 Flat 1a (first floor)-38m2 Flat 2-(second floor)-39m2 Flat 3-(second floor)-37m2 Flat 4-(second floor)40m2 (measurements taken from EPC) Location The property occupies a imposing corner plot in the heart of Blackpool. Situated on Church Street on of the main arteries into the town. The buildings directly opposite have been chosen for redevelopment as part of the ongoing regeneration scheme in Blackpool. The property is a short distance all major tourists attractions and is easily accessible via local transportation links. See link for Business Rates information: www.tax.service.gov.uk/business-rates-find/valuations/start/2834070000 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. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Energy Efficiency Rating (EPC)
Current Rating D
Blackpool Borough Council
Haworth Brotherton, Ref: Haworth Brotherton
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.