Property photos
Just added
Guide price
£165,000
Industrial for sale
Buchanan Street, Blackpool FY1Local area information
Property location
Nearby amenities
- Blackpool North 0.1 miles
- Blackpool St John's Church of England Primary School 0.2 miles
- Devonshire Primary Academy 0.4 miles
- Layton (Lancs) 1.2 miles
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 Ground Floor Warehouse plus 1 x 4 Bedroom Apartment & 1 x 3 Bedroom Apartment
- Central Blackpool
- Busy All Year-Round Trading Location
- Substantial 3 Storey Property
- 3 Phase Electricity
- Warehouse Suitable for a Number of Uses
- Car Parking for 5 Motor Vehicles to the Front
- Garage to the Rear for 2 Motor Vehicles
- Priced to Sell
- Viewing Recommended
Summary
**Being sold via Secure Sale online bidding. Terms & Conditions apply**
We are delighted to offer this Investment Property for Sale. This substantial 3 storey property comprises of a ground floor Warehouse plus 1 x 4-bedroom Apartment to the first floor and 1 x 3- bedroom Apartment to the second
floor.
Phase 3 Electricity is supplied to the building.
The ground floor warehouse, the first floor apartment and garage are currently vacant, there is potential to increase the annual income.
The second floor apartment is currently tenanted to a long standing tenant at a rent of 7,200 per annum with potential for a rental uplift.
Viewing is recommended
Please note we have not inspected the property.
Location
Central Blackpool
Accommodation
Ground Floor (Approx. 1.950 sq. Ft.)
Main Entrance leading to:
Open Plan Warehouse with a refrigeration unit and
Mezzanine Storage Area
Archway to second Storage Area
2 x Offices
3 x Storage Rooms
Separate Entrance leading to:
First Floor
Apartment 1 (In Need of Modernization)
Hallway
Open Plan Lounge / Dining Room/ Kitchen with fitted wall and base units.
Balcony
4 x Double Bedrooms.
Bathroom with 4-piece suite comprising corner bath, shower, toilet and sink with
laminate flooring.
Staircase leading to:
Second Floor
Apartment 2
Hallway
Open Plan Lounge / Dining Room / Kitchen with fitted wall and base units.
Balcony
2 x Double Bedrooms.
1 x Single Bedroom
Bathroom with 4-piece suite comprising corner bath, shower, toilet and sink with
laminate flooring.
Tenure
Freehold, title number LA433769
Business
We have been informed that Apartment 2 currently generates 600
pcm, when let the Warehouse could generate 12,000 per annum, the 2 x Garages
when let could generate 60 pcm each and Apartment 1 when let could generate
850 pcm. Potential Annual Income 30,840.
EPC
Available upon request - rating E.
Rateable Value
Current rateable value (1 April 2023 to present) 8,300
Sourced from voa
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 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.
**Being sold via Secure Sale online bidding. Terms & Conditions apply**
We are delighted to offer this Investment Property for Sale. This substantial 3 storey property comprises of a ground floor Warehouse plus 1 x 4-bedroom Apartment to the first floor and 1 x 3- bedroom Apartment to the second
floor.
Phase 3 Electricity is supplied to the building.
The ground floor warehouse, the first floor apartment and garage are currently vacant, there is potential to increase the annual income.
The second floor apartment is currently tenanted to a long standing tenant at a rent of 7,200 per annum with potential for a rental uplift.
Viewing is recommended
Please note we have not inspected the property.
Location
Central Blackpool
Accommodation
Ground Floor (Approx. 1.950 sq. Ft.)
Main Entrance leading to:
Open Plan Warehouse with a refrigeration unit and
Mezzanine Storage Area
Archway to second Storage Area
2 x Offices
3 x Storage Rooms
Separate Entrance leading to:
First Floor
Apartment 1 (In Need of Modernization)
Hallway
Open Plan Lounge / Dining Room/ Kitchen with fitted wall and base units.
Balcony
4 x Double Bedrooms.
Bathroom with 4-piece suite comprising corner bath, shower, toilet and sink with
laminate flooring.
Staircase leading to:
Second Floor
Apartment 2
Hallway
Open Plan Lounge / Dining Room / Kitchen with fitted wall and base units.
Balcony
2 x Double Bedrooms.
1 x Single Bedroom
Bathroom with 4-piece suite comprising corner bath, shower, toilet and sink with
laminate flooring.
Tenure
Freehold, title number LA433769
Business
We have been informed that Apartment 2 currently generates 600
pcm, when let the Warehouse could generate 12,000 per annum, the 2 x Garages
when let could generate 60 pcm each and Apartment 1 when let could generate
850 pcm. Potential Annual Income 30,840.
EPC
Available upon request - rating E.
Rateable Value
Current rateable value (1 April 2023 to present) 8,300
Sourced from voa
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 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
Listed by
Pattinson - Commercial
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