St Annes Road & Harcourt, BLACKPOOL, FY4 2BA

£175,000

Features


Full Description

- ***AUCTION*** GUIDE PRICE - £175,000 - ( PLUS FEES) -*** AUCTION **** - MIXED USE INVESTMENT OPPORTUNITY - 3 x 2 BEDROOM APARTMENTS - 3 x RETAIL UNITS - INCOME £22,900 PER ANNUM

Bidding Opens On - 22nd Jun 2022 12:00

Scheduled End Date - 23rd Jun 2022 12:30

Contact 01772 772450 to arrange a viewing


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, at present is 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. (Available at auctionhouse.co.uk)

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 our partners - Auction house North West

01772 772450 to arrange a viewing

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..


Contact Us

Broomheads Estate Agent
274, Church Street, Blackpool, FY1 3PZ
T: 01253 292222
E: mail@broomheads.com