Withdrawn Prior to Auction.

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A freehold investment comprising ground floor shop, 2 bedrooms split level maisonette and 2 garages to the rear, let producing £21,120 pa

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Description/Location

Situated in a busy commercial parade adjacent to Tesco and the post office. Ground floor let to William Hill PLC for 10 years (FR&I) from 10 August 2007 at a rent of £15,000 pa with reviews every 5 years. The maisonette and one garage are let on an AST producing £5,760 pa and the other garage is let on a licence producing £360 pa. The maisonette was recently refurbished.

Tenure

Freehold

Local Authority

Blackpool Council

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

Ground Floor: 1335 sq ft First and Second Floors: Spacious 2 bedroom maisonette 1055 sq ft. Outside: Rear 2 garages with parking bays, roof garden to maisonette. Energy Efficiency Rating: Ground Floor C/60 Maisonette D/62.

Rent

Current Rental Value: £21,120 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.