£85,000

Leisure/hospitality for sale

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Just added

Guide price

£85,000

Leisure/hospitality for sale

Lytham Road, Blackpool FY1

Local area information

Property location

Nearby amenities

  • Blackpool Gateway Academy 0.2 miles
  • Blackpool South 0.3 miles
  • St Cuthbert's Catholic Academy 0.5 miles
  • Blackpool Pleasure Beach 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 Massage Parlour and Separate 3 Bedroom Self-Contained Flat
  • Central Blackpool
  • Busy All Year-Round Trading Location
  • Substantial 3 Storey Property
  • Priced to Sell
  • In Good Order Throughout
  • Viewing Recommended
Summary

**Being sold via Secure Sale online bidding. Terms & Conditions apply**

We are pleased to offer this Investment Property for sale.

This substantial 3 storey property comprises a Massage Parlour and a Separate 2 Storey 3 Bedroom Self-Contained Flat.

The property is situated on the busy all year-round trading location Lytham Road, Blackpool, being close to Blackpool Town Centre, Promenade and amenities.

Viewing Recommended.

Please note we have not inspected the property.

Location

The property is situated on the busy all year-round trading location Lytham Road, Blackpool, being close to Blackpool Town Centre, Promenade and amenities.

Accommodation

Ground Floor

Main Entrance leading to Reception Room (Approx.109 sq. Ft.) with feature counter, laminate flooring, and suspended ceiling with concealed lighting, leading to:
3 x Treatment Rooms (Approx. 66 sq. Ft. Each) with concealed lighting and laminate flooring.
Second Entrance to staircase which leads to the flat.
Separate Ground Floor Street Entrance leading to: Hallway and Staircase.

Flat - First Floor
Double Bedroom.
Bathroom with 3-Piece Suite comprising Shower, Toilet and Sink.
Lounge.
Fitted Kitchen with laminate flooring.

Second Floor
2 x Double Bedrooms with vaulted ceilings.

Exterior; Forecourt Trading Area. On Street Parking.

Agent Notes

The property has electric heating and is protected by roller shutters.

Tenure

Long Leasehold, title numbers LAN288970 and LAN303285

Business

We have been informed that the massage parlour and flat are both currently let to the same tenant on a 5-year lease agreement with 2 years remaining at a rent of 950 per calendar month. We are informed there is a ground rent applicable of 1000 per annum for the retail unit and 500 per annum for the residential accommodation.

EPC

Available upon request, Rating E.

Rateable Value

Current rateable value (1 April 2023 to present)
5,300
Sourced from voa

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is 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 fee which could be up to 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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Blackpool
  5. Lytham Road