Lot 3 - 19-21 Market Place, Poulton-le-Fylde, Lancashire, FY6 7AS

  • Unconditional Online Auction Sale
  • Guide Price* : £140,000 plus

ON BEHALF OF RECEIVERS: Two storey commercial property with a ground floor retail unit currently let at £9,000 per annum, together with vacant former bar premises at first and second floor.

Description

The property comprises a two storey commercial property with a ground floor retail unit currently let at £9,000 per annum, together with vacant former bar premises at first and second floor. The upper floors require refurbishment and present a development opportunity subject to obtaining the necessary consents.

Location

Situated in a central position within the town centre, Market Place is pedestrianised and the location for a mixture of national and local traders. A large Booths supermarket is located nearby and unit is prominent to Blackpool Old Road (B5267). Poulton-le-Fylde is a market town that lies approximately 3 miles north east of Blackpool town centre.

Tenure

Freehold.

Accommodation

Ground Floor:
Retail Unit (Barbers): 300 Sq Ft (27.8 Sq M)

First Floor:
Hallway with 2 WCs and Storage
Main Bar: 330 Sq Ft (30.6 Sq M)
Overflow Area: 140 Sq Ft (13 Sq M)

Second Floor:
Bar: 315 Sq Ft (29.2 Sq M)
Kitchen: 200 Sq Ft (18.5 Sq M)
Office: 60 Sq Ft (5.5 Sq M)
Storage/Office :20 Sq ft (1.8 Sq M)

Loft:
Storage

Tenancies

The ground floor is let for a term of 5 years from 21st April 2018 at a rent of £750 per month, subject to a tenant's option to renew/ Please refer to legal pack for full information.

VAT

The property is elected for VAT.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,400 (inclusive of VAT) payable upon exchange of contracts.

Additional Information

1. The property is elected for VAT.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), 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.

3. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* 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.

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Sold for £171,250

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Important Documents

Agreement Documents

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