The sellers have been unable to ascertain the whereabouts of the freeholder and they have not received a demand for rent. Please see the legal pack for full details.
The property comprises a two bedroom flat, over two floors (2nd and 3rd floor) located over a shop. The Lounge has sea views. The property requires a full scheme of refurbishment.
The property is situated in the west end of Morecambe on a main road position, convenient for the promenade, local shops and bus routes to Morecambe town centre and Lancaster city centre.
Leasehold for a term of 999 years from 1st March 1993 at a rent of £10 per annum.
Living Room: 4.91m x 3.65m (16'1" x 12'0")
Kitchen: 3.76m x 2.64m (12'4" x 8'8")
Bedroom 1 (over the living room): 3.51m x 3.65m (11'6" x 12'0")
Bedroom 2: 2.83m x 3.63m (9'3" x 11'11")
Bathroom: 1.31m x 2.59m (4'4" x 8'6")
Energy Asset Rating is C
There will be a Buyer's Administration Fee of £1500 (inc VAT) payable upon exchange of contracts.
1. Completion will take place 14 days from the date of exchange.
2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions, references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
Any dimensions stated may have come from a third party source (e.g. the seller, valuation reports or historic sales particulars) so whilst provided in good faith, they should not be relied on and interested parties should rely on their own enquiries.
* 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.
This auction lot is now closed.
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