TENANTED SHOP, VACANT WORKSHOP, VACANT FIRST FLOOR SPACE & TENANTED THREE BEDROOM FLAT – Currently Producing £15,790 pa – Approximate ERV £25,000 pa

DESCRIPTION This mixed use building comprises: - Shop premises, let to a long established tenant Blackpool Paint Company Ltd. Producing a rental income of £8,640 pa exclusive. - Warehouse / workshop unit, also to the ground floor rear. Separately accessed, with internal access from the shop also if required in the future. Vehicle loading access doors. - Vacant space to the first floor, above the workshop. May have been used historically for residential use but this would need to be verified independently by interested parties and via planning. - Three bedroom flat, to the first floor front. Boasts a Lounge, Kitchen and Bathroom also. Let out to a long term tenant and at a rent of £7,140 pa exc. The flat is let to a family and presented to a high standard. - The building would suit an investor, to benefit from the rental income. - The building would also suit an owner occupier or part owner occupation. - Combined rental income potential: £24,000 - £25,000 pa exc. - Would suit a variety of uses subject to planning consent. - Internal viewing is highly recommended, to fully appreciate the 4 elements of the building. ACCOMMODATION Ground Floor Shop Premises: Total Area: 750 sq ft Warehouse/workshop: 1,100 sq ft First Floor Vacant space – storage space. May have been used historically for residential use but this would need to be verified independently by interested parties and via planning: 900 sq ft Three Bedroom Flat: With a front door entrance off Dover Road, this flat comprises a Lounge, Kitchen, Double Bedroom, Single Bedroom and Bathroom. Attic Floor: 3rd Bedroom. All measurements are approximate. LOCATION This mixed use building occupies a convenient location on Dover Road in Blackpool. Ease of commuting is available onto Waterloo Road which is a main arterial route providing access to a variety of areas around the town. There is other commercial property opposite and on the road. The location is well known for its counter sales use. Tenure: Freehold Title number: LA915332 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : A Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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.

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.

Energy Efficiency Rating (EPC)

Current Rating 1B - D

Local Authority

Blackpool Borough Council

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £2750 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.