Property photos
Auction
Guide price
£150,000
(£150.00/sq. ft)
Hotel for sale
Reads Avenue, Blackpool FY11,000 sq. ft
Local area information
Property location
Nearby amenities
- Blackpool St John's Church of England Primary School 0.3 miles
- Revoe Learning Academy 0.5 miles
- Blackpool North 0.6 miles
- Blackpool South 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Blackpool to find out more about the local area.
Features and description
- Investment Property
- Comprising 6 Self Contained Flats
- Central Blackpool
- Close to Town Centre & Amenities
- Substantial 3 Storey Property
- Priced to Sell
- When Fully Let Draws 34,728 pa
- Car Park for 4 Motor Vehicles
- Viewing Recommended
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this Investment Property comprising of 6 Self-Contained Flats for sale.
This Substantial 3 Storey end terraced property is situated in Central Blackpool being close to the Town Centre, Entertainment and amenities.
We are informed that the flats are operated as Mixed Use, 3 Permanent Flats and 3 Holiday Flats drawing an annual income of 34,728, but planning permission is in place for Holiday Flats / Service Accommodation.
Viewing Recommended.
Please note we have not inspected this property.
Location
The subject property is located along Reads Avenue, Blackpool. The property is located in a busy year-round trading location, close the famous Blackpool Promenade which is approximately a 10 minute walk away. Blackpool is situated 17 miles west of Preston, 49 miles north west of Manchester and 33 miles south west of Lancaster.
Accommodation
Ground Floor
Communal Entrance leading to:
Hallway.
Flat 1
Lounge / Kitchen
Bedroom
Shower and Toilet.
Flat 1A
Lounge / Kitchen
Bedroom
Bathroom
Lower Ground Floor
Cellar Area
First Floor
Flat 2
Lounge / Kitchen.
Bedroom
Shower and Toilet
Flat 3
Lounge / Kitchen / Bedroom
Shower & Toilet.
Shared Shower & Toilet
Second Floor
Flat 4
Lounge / Kitchen / Bedroom.
Shower and Toilet.
Flat 5
Lounge
Kitchen
Bedroom 1
Bedroom 2
exterior; Car Park to the front of the property providing Parking for 4 motor vehicles. Small Yard to the rear of the property.
Business
We are informed that when Let Flat 1 draws 125 per week, Flat 1A draws 130 per week. Flat 2 draws 125 per week, Flat 3 draws 392 pcm and Flat 4 draws 90 per week, Flat 5 draws 100 per week. When fully let draws 34,728 per annum.
Tenure
Freehold. Title number LA420205.
Agent Notes
Each flat has a separate electric card meter.
Sale subject to the fees, terms and conditions of Pattinson Auctions
Rateable Value
The current rateable value is 5,000 (1 April 2023 to present).
Sourced from voa.
Council Tax
Band A.
EPC
We are currently awaiting a copy of the energy performance certificate.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this Investment Property comprising of 6 Self-Contained Flats for sale.
This Substantial 3 Storey end terraced property is situated in Central Blackpool being close to the Town Centre, Entertainment and amenities.
We are informed that the flats are operated as Mixed Use, 3 Permanent Flats and 3 Holiday Flats drawing an annual income of 34,728, but planning permission is in place for Holiday Flats / Service Accommodation.
Viewing Recommended.
Please note we have not inspected this property.
Location
The subject property is located along Reads Avenue, Blackpool. The property is located in a busy year-round trading location, close the famous Blackpool Promenade which is approximately a 10 minute walk away. Blackpool is situated 17 miles west of Preston, 49 miles north west of Manchester and 33 miles south west of Lancaster.
Accommodation
Ground Floor
Communal Entrance leading to:
Hallway.
Flat 1
Lounge / Kitchen
Bedroom
Shower and Toilet.
Flat 1A
Lounge / Kitchen
Bedroom
Bathroom
Lower Ground Floor
Cellar Area
First Floor
Flat 2
Lounge / Kitchen.
Bedroom
Shower and Toilet
Flat 3
Lounge / Kitchen / Bedroom
Shower & Toilet.
Shared Shower & Toilet
Second Floor
Flat 4
Lounge / Kitchen / Bedroom.
Shower and Toilet.
Flat 5
Lounge
Kitchen
Bedroom 1
Bedroom 2
exterior; Car Park to the front of the property providing Parking for 4 motor vehicles. Small Yard to the rear of the property.
Business
We are informed that when Let Flat 1 draws 125 per week, Flat 1A draws 130 per week. Flat 2 draws 125 per week, Flat 3 draws 392 pcm and Flat 4 draws 90 per week, Flat 5 draws 100 per week. When fully let draws 34,728 per annum.
Tenure
Freehold. Title number LA420205.
Agent Notes
Each flat has a separate electric card meter.
Sale subject to the fees, terms and conditions of Pattinson Auctions
Rateable Value
The current rateable value is 5,000 (1 April 2023 to present).
Sourced from voa.
Council Tax
Band A.
EPC
We are currently awaiting a copy of the energy performance certificate.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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