Guide price
£180,000
Retail premises for saleLytham Road, Blackpool FY1
About this property
Investment Property Comprising of 3 x Ground Floor Retail / Catering Units and 3 Let 2-Bedroom Flats Above
Mixed Use Property
Central Blackpool
Busy All Year-Round Trading Location
Substantial 2 Storey Corner Property
Ground Floor Units Suitable for a Number of Uses - 2 are Let
Priced to Sell
Currently Draws 26,928 per annum with Potential to Increase the Income
Viewing Recommended
Summary
For sale via secure sale online bidding - terms and conditions apply.
We are delighted to offer this Investment Property for Sale.
This substantial 2 storey property comprises of 3 ground floor retail / catering units and 3 let 2-bedroom flats above.
Two of the ground floor units are currently being leased as catering / cafes and the third unit is vacant and would be suitable for a number of uses.
The retail / catering units are substantial in size, and all have additional basement / storage areas.
The first-floor flats are all currently let on Shorthold Tenancy Agreements.
There is also a parking area for at least 3 cars to the side of the building
Please note we have not inspected this property.
Location
These properties are situated on Lytham Road, Blackpool, Lancashire. The properties are located close to Blackpools South Pier. The properties are also located just behind the famous Blackpool Pleasure Beach. With lots of many local amenties close by.
Accommodation
248 lytham road (Lytham Road Catering and
Sandwich Shop) (Approx. 863.24 sq. Ft.)
Main Entrance leading to
Open Plan Caf Area with tables and seating for guests, laminate flooring suspended ceiling with concealed
lighting, refrigerated display counter
Large Open Plan Kitchen to the rear of the display
counter with a wide range of commercial catering
equipment.
Hallway with storage area leading to:
Storeroom.
Bathroom with Toilet and Sink.
Doorway leading to:
Enclosed Gated Yard to rear of property.
Accommodation
244 lytham road (cj's Snack Box):
Ground floor (Approx. 1,243.85 sq. Ft.)
Main Entrance leading to
Open Plan Caf Area with tables and seating for guests, laminate flooring, suspended ceiling with concealed
lighting, refrigerated display counter, oven and fridge
behind counter.
Kitchen with a range of commercial catering equipment, stainless steel sinks and fridges.
Staircase leading to:
Lower Ground Floor
2 x Storage Rooms.
Bathroom with Sink, Toilet and Bath.
246 lytham road (Recently Vacated) (Approx.
993 sq. Ft.)
Main Entrance Leading to:
Open Plan Retail Area with wood panelled flooring, suspended ceiling and concealed lighting and wooden
panelled counter.
Hallway leading to:
Bathroom with Toilet and Sink.
Storage Room leading to staircase to:
Lower Ground Area.
Storage Room which was previously used as a kitchen.
There is also a door to each that leads to the enclosed, gated, yard area at the rear
Accommodation
242A, B, and C lytham road
Separate Entrance to Side of Property leading to:
Communal hallway with staircase
First floor
Flat 1
Main Entrance leading to:
Lounge.
Kitchen with fitted wall and base units.
Double Bedroom.
Bedroom.
Bathroom with 3-piece suite comprising bath, toilet and sink.
Flat 2-
Main Entrance leading to:
Lounge.
Kitchen with fitted wall and base units.
Double Bedroom.
Bedroom.
Bathroom with 3-piece suite with toilet, sink and bath.
Accommodation
Flat 3
Main Entrance leading to:
Lounge with laminate flooring and duel aspect windows.
Kitchen with fitted wall and base units and tiled walls.
Double Bedroom
Double Bedroom
Bathroom with 3-piece suite comprising sink, toilet
and bath.
Exterior; Roof Terrace Area outside flats.
Tenure
Freehold. Title number LA544320
Rateable Value
The adopted rateable value of 242 -244 is 4,750 as of 1 April 2023.
The adopted rateable value of 246 is 5,100 as of 1 April 2023.
The adopted rateable value of 248 is 5.300 as of 1 April 2023
All sourced from voa
VAT
We are advised VAT is applicable on this property.
EPC
Available upon request ( Rating A )
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this si to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale via secure sale online bidding - terms and conditions apply.
We are delighted to offer this Investment Property for Sale.
This substantial 2 storey property comprises of 3 ground floor retail / catering units and 3 let 2-bedroom flats above.
Two of the ground floor units are currently being leased as catering / cafes and the third unit is vacant and would be suitable for a number of uses.
The retail / catering units are substantial in size, and all have additional basement / storage areas.
The first-floor flats are all currently let on Shorthold Tenancy Agreements.
There is also a parking area for at least 3 cars to the side of the building
Please note we have not inspected this property.
Location
These properties are situated on Lytham Road, Blackpool, Lancashire. The properties are located close to Blackpools South Pier. The properties are also located just behind the famous Blackpool Pleasure Beach. With lots of many local amenties close by.
Accommodation
248 lytham road (Lytham Road Catering and
Sandwich Shop) (Approx. 863.24 sq. Ft.)
Main Entrance leading to
Open Plan Caf Area with tables and seating for guests, laminate flooring suspended ceiling with concealed
lighting, refrigerated display counter
Large Open Plan Kitchen to the rear of the display
counter with a wide range of commercial catering
equipment.
Hallway with storage area leading to:
Storeroom.
Bathroom with Toilet and Sink.
Doorway leading to:
Enclosed Gated Yard to rear of property.
Accommodation
244 lytham road (cj's Snack Box):
Ground floor (Approx. 1,243.85 sq. Ft.)
Main Entrance leading to
Open Plan Caf Area with tables and seating for guests, laminate flooring, suspended ceiling with concealed
lighting, refrigerated display counter, oven and fridge
behind counter.
Kitchen with a range of commercial catering equipment, stainless steel sinks and fridges.
Staircase leading to:
Lower Ground Floor
2 x Storage Rooms.
Bathroom with Sink, Toilet and Bath.
246 lytham road (Recently Vacated) (Approx.
993 sq. Ft.)
Main Entrance Leading to:
Open Plan Retail Area with wood panelled flooring, suspended ceiling and concealed lighting and wooden
panelled counter.
Hallway leading to:
Bathroom with Toilet and Sink.
Storage Room leading to staircase to:
Lower Ground Area.
Storage Room which was previously used as a kitchen.
There is also a door to each that leads to the enclosed, gated, yard area at the rear
Accommodation
242A, B, and C lytham road
Separate Entrance to Side of Property leading to:
Communal hallway with staircase
First floor
Flat 1
Main Entrance leading to:
Lounge.
Kitchen with fitted wall and base units.
Double Bedroom.
Bedroom.
Bathroom with 3-piece suite comprising bath, toilet and sink.
Flat 2-
Main Entrance leading to:
Lounge.
Kitchen with fitted wall and base units.
Double Bedroom.
Bedroom.
Bathroom with 3-piece suite with toilet, sink and bath.
Accommodation
Flat 3
Main Entrance leading to:
Lounge with laminate flooring and duel aspect windows.
Kitchen with fitted wall and base units and tiled walls.
Double Bedroom
Double Bedroom
Bathroom with 3-piece suite comprising sink, toilet
and bath.
Exterior; Roof Terrace Area outside flats.
Tenure
Freehold. Title number LA544320
Rateable Value
The adopted rateable value of 242 -244 is 4,750 as of 1 April 2023.
The adopted rateable value of 246 is 5,100 as of 1 April 2023.
The adopted rateable value of 248 is 5.300 as of 1 April 2023
All sourced from voa
VAT
We are advised VAT is applicable on this property.
EPC
Available upon request ( Rating A )
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this si to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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