mixed use residential in FY1

Cheltenham Road, Blackpool, Lancashire, FY1 2PS

Starting Bid
£100,000
Current Bid £90,000
20 Bids
Time left:
Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Substantial two storey property
  • Former retail/industrial/office use
  • Great development potential (STPP)
  • Popular residential location
  • Parking for 5 motor vehicles
  • Freehold title

mixed use residential in FY1

FOR SALE BY ONLINE AUCTION: terms and conditions apply.

We are pleased to offer to auction this substantial two storey mixed use property, well located along the densely populated residential location of Cheltenham Road, Blackpool North Shore. The premises comprises retail, light industrial unit and offices accommodation. The premises were previously used as a well know and popular butcher’s retailer with a food processing facility to the rear and offices to the first floor. The property could be suitable for development subject to planning permission.

Please note we have not inspected this property.

Summary

  • Property Type: Mixed Use Residential
  • Tenure: Freehold
  • Parking: Allocated

Location

This property is located on Cheltenham Road in a residential area in North Blackpool. The property benefits from local amenities and schools, as well as a bus stop within walking distance from the subject property.

Accommodation

GROUND FLOOR
Main shop (approx. 189sqft) suspended ceiling and tiled floors.
Food processing area (approx. 1,342sqft) with a number of cold stores, storerooms and loading bay entrance.
Separate entrance leading to:

FIRST FLOOR
Open plan front office (approx. 242sqft) with wood effect flooring
Rear office (approx. 268sqft) with wood effect flooring
Storeroom (approx. 59sqft) with fitted cupboards
Toilet
Open plan area (approx. 398sqft) with non-slip flooring and cladding to walls.
Storeroom x 2
Cooler area

EXTERIOR
Car park to the side providing parking for approximately 5 motor vehicles.

Tenure

Freehold. Title number: LA444488

Rateable Value

The adopted rateable value is £3,400 as of the 1st April 2017.
Sourced from VOA.

EPC

Available on request (rating F).

Additional Information

For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on commercial@pattinson.co.uk. 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.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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