For Sale By Auction | 12:00, 23 February 2023 | Lot 62

Fauld House Hotel, 53 Palatine Road, Blackpool, Lancashire FY1 4BX

Sold £27,000

  • Commercial Property
  • Tenure: Leasehold

Call the team on 01772 772450 for more information

Auction Date

Thu 23/02/2023

Auction Time

12:00

Auction Venue

Online Auction

Fire damaged nine bedroom hotel

Fire damaged three storey hotel that previously traded as a 9 bedroom hotel with 5 bathroom and 2 reception rooms catering for up to 20 guests. Property has not been inspected by Auction House. We are advised by the vendor that the property is in shell condition and needs full refurbishment. Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ Tenure - Leasehold LAN265515 Rent - £1,000 per annum Term - 999 years from 1 January 2021 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.

Tenure

Leasehold

Local Authority

Blackpool Borough Council

Solicitors

Bank View Solicitors, Ref: Anser Amin

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

Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 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.