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Guide price

£330,000

Industrial for sale

Charnley Road, Blackpool FY1

Guide price

£330,000

Industrial for sale
Charnley Road, Blackpool FY1

    About this property

    • Investment Opportunity Comprising of 5 Industrial Units / Warehouses Plus Garage

    • Town Centre, Central Blackpool

    • Sale due to Retirement

    • Suitable for a Number of Uses

    • Units 4,6,18 Currently Trading as Manufacturing & Joinery Business for 30 Plus Years

    • Units 8,10 & Garage Tenanted

    • Total Size Approx 6,808 sq. Ft.

    • Current Rental Income 11,400 pa

    • Priced to Sell

    Summary

    For sale via secure sale online bidding - terms and conditions apply.

    We are pleased to offer this investment opportunity comprising

    5 Industrial Units / Warehouses plus a Garage for Sale.

    This substantial brick-built property comprises an established manufacturing joinery business which has been established for more than 30 years, plus an additional 2 units and a garage which are all tenanted.

    The building covers an area of approx. 6,808 sq. Ft and is situated to the rear of Charnley Road, Town Centre, Central Blackpool.

    The units and garage all have shutter access, there is potential to let the manufacturing joinery business for an additional 15,000 pa.

    Accounts are available for the joinery business and the sale is due to retirement. The current owners include the following with the sale:

    3 Phase Spindle Moulder
    3 Phase Tennoner
    3 Phase Crosscut Saw
    3 Phase Dimension Saw (Sliding Bed)
    3 Phase Thicknesser
    Single Phase Chisel Mortice Machine
    3 Phase 15 Surface Planer
    3 Phase Combination Saw/Planer/ Thicknesser machine
    3 Phase Dust Extraction Unit
    Treadle Mitre Machine
    2 small pillar drills
    Bench Grinder

    Please note we have not inspected this property.

    Location

    The building covers an area of approx. 6,808 sq. Ft and is situated to the rear of Charnley Road, Town Centre, Central Blackpool.

    Accommodation

    Unit 4,6,18 (approx. 4,264 sq. Ft.)

    Main Entrance leading to:

    Ground Floor (approx.864 sq. Ft)

    Workshop

    Office

    Kitchen

    Toilet

    Internal Staircase leading to:

    First Floor (approx. 3,400 sq. Ft)

    Open Plan Workshop with a range of industrial joinery machinery and equipment.

    Unit 8 (approx. 1,500 sq.ft) Currently Tenanted at a rent of 4,800 pa

    Unit 10 (approx.720 sq.ft) Currently Tenanted at a rent of 3,840 pa

    Garage (approx. 324 sq.ft) Currently Tenanted at a rent of 2,760 pa

    Exterior: Parking for 4 Motor Vehicles to the front of the joinery business.

    Tenure

    Freehold. Title number LA931715

    Rateable Value

    The adopted rateable value is 3,200 as of 1 April 2023. Sourced from voa

    EPC

    We currently await a copy of the EPC

    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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