Hotel in FY1

Reads Avenue, Blackpool, Blackpool, Lancashire, FY1 4BW

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Online auction

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

  • 6 Bedroom Guest House – All En-Suite
  • Central, Blackpool
  • Close to Entertainments, Shops & Amenities
  • Adjacent to the New £350 Million Development
  • Not Currently Trading
  • Requires Modernisation to Ground Floor
  • Priced To Sell
  • Sale Due To Ill Health
  • Car Park for 2 Motor Vehicles
  • Freehold Title

Hotel in FY1

*FOR SALE VIA ONLINE AUCTION* terms and conditions apply*

We are delighted to offer this former 6-bedroom hotel for sale.

This substantial 3 storey mid terraced property is situated in close proximity to the Promenade, Town Centre and Amenities. The Guest house is adjacent to the new £350 Million World Class Development on the former Central Station site, adjacent to the Golden Mile.

The hotel is currently not trading due to ill health and requires modernisation to the ground floor and private accommodation.

Viewing recommended.


Please note we have not inspected this property.

Summary

  • Property Type: Hotel
  • Tenure: Freehold
  • Parking: Allocated

Location

The subject property is located along Reads Avenue, Blackpool. The property is located in a busy year-round trading location, close the famous Blackpool Promenade which is approximately a 10 minute walk away. Blackpool is situated 17 miles west of Preston, 49 miles north west of Manchester and 33 miles south west of Lancaster.

Accommodation

GROUND FLOOR
Entrance Leading to:
Main Hallway.
Open plan Lounge.
Kitchen.

Private Accommodation:
Lounge/Bedroom currently used as Workshop.
Bathroom.

FIRST FLOOR
1 Family Bedroom – En-Suite.
2 Double Bedrooms – Both En-Suite.
1 Single Bedroom – En- Suite.
Toilet.

SECOND FLOOR
1 Family Bedroom – En-Suite.
1 Double Bedroom – En-Suite.

EXTERIOR: Paved Garden area to the front. Enclosed courtyard to rear. Car park to the rear providing car parking for 2 motor vehicles.


Tenure

Freehold. Title number LA762806.

EPC

Available upon request (rating E).

Additional Information

For further information please contact our office direct on 0191 737 1154, 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.  

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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

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: 
£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 £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

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

 

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