For Sale By Auction | 12:00, 18 September 2024 | Lot 90

22 - 24 Coop Street, Blackpool, Lancashire FY1 5AJ

*Guide | £275,000 (plus fees)

  • Hotel
  • 17 Bedrooms
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 18/09/2024

Auction Time

12:00

Auction Venue

Online Auction

Viewing Times:

Wed 11 Sep

14:45-15:15

17 Bedroom Hotel

The double fronted property underwent a full refurb in 2020 and provides 17 en suite bedrooms including 4 x 2 room family suites with all rooms providing tv's, tea and coffee facilities, central heating and double glazing. spacious bar lounge and breakfast room plus outside garden area. Tenure: Freehold Title number: LA439413 & LA424053 Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

GROUND FLOOR

Vestibule hall, reception lounge and office, bar lounge and dining room, fully stocked bar counter, games area, disabled wc, ladies and gents toilets, kitchen, utility and store, 1 family letting bedroom.

FIRST FLOOR

8 en suite letting bedrooms (3 family, 2 single, 2 double, 1 x family 2 room suite)

SECOND FLOOR

8 en suite letting bedrooms (2 twin, 1 double, 2 family, 3 x family 2 room suites)

EXTERIOR

Rear decked beer garden

BUSINESS

The business is fully equipped with the vendor confirming the turnover to be in the region of £130,000 based on mainly weekend trade during the holiday season.

LOCATION

Coop Street is located in the original village area of Blackpool centre close to the promenade, Central Pier, town centre and all attractions. The new "Blackpool Central" leisure development ( at the bottom of Coop Street.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Blackpool Borough Council

Solicitors

Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187

Offered in association with

Kays Estates

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £1000 inc VAT payable on exchange of contracts.

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.