Residential Portfolio in FY5
Beach Road, Thornton-Cleveleys, Lancashire, FY5 1EH
Online auction
Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk
- Investment Property Comprising Leased Tanning Salon and 6 Self Contained Flat
- Cleveleys, Lancashire
- Close to Town Centre, Promenade, and Entertainments
- Desirable Residential Location
- Total Annual Rent from Salon and Flats is £41,604.
- Viewing Highly Recommended
Residential Portfolio in FY5
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer this Investment Property comprising a Leased Tanning Salon and 6 Self Contained Flats for Sale.
This substantial double fronted property is situated in the busy all year-round trading location of Beach Road in the popular Town of Cleveleys, close to the Promenade and amenities.
Viewing highly recommended.
Please note we have not inspected this property.
Summary
- Property Type: Residential Portfolio
- Parking: Allocated
Location
The subject property is located along Beach Road in the Cleveleys area of Thornton-Cleveleys, Lancashire. Beach Road opens up right onto the seafront, which offers plenty of local services and amenities including pubs, restaurants, shops and a cinema. Thornton-Cleveleys is 3 miles south of Fleetwood and just 4.5 miles north of Blackpool.
Accommodation
Tanning Salon
Entrance leading to Stylish Reception Area, with counter desk and leather seating for customers.
Hallway leading to:
4 Sunbed Rooms.
2 Sun Shower Rooms.
Toilet.
Room (was kitchen area).
Self Contained Flats
Ground Floor
Entrance leading to Hallway.
Meter Room
Flat 1
Open plan Lounge/Fitted Kitchen.
Bathroom comprising 3-piece suite.
Bedroom.
First Floor
Flat 2
Open Plan Lounge/Fitted Kitchen.
Bathroom comprising 3-piece suite.
Bedroom.
Flat 3
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Shower and Toilet.
Flat 4
Lounge leading to Fitted Kitchen,
Bedroom 1.
Bedroom 2.
Bathroom comprising 3-piece suite with shower over bath.
Second Floor
Flat 5
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Shower and Toilet.
Flat 6
Lounge leading to Fitted Kitchen.
Bedroom 1.
Bedroom 2.
Bathroom comprising 3-piece suite.
Business
The tanning salon has a 10-year lease in place as of August 2021 and draws £700 per calendar month rent.
We are informed that Flat 1 and Flat 2 each draw £398.00 per calendar month. Flat 3 and 4 each draw £520.00 per calendar month. Flat 5 draws £520.00 per calendar month and Flat 6 draws £411.00 per calendar month.
Total annual rent from the Flats and the Tanning Salon is £41,604.
Tenure
Freehold. Title number LA737597.
Council Tax
All flats Band A.
EPC
1, 3 & 4 - Available upon request (rating C),
2, 5 & 6- Available upon request (rating D).
Agent Notes
All flats have their own central heating boiler and have individual services. All Flats have individual intercom systems. Sale subject to the fees, terms and conditions of Pattinson Auctions.
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 auctions@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 £750,000 - £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 auctions@pattinson.co.uk
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