Retail in FY1

Dickson Road, Blackpool, Blackpool, Lancashire, FY1 2JH

Brochure

Tenure: Freehold

Connecting to auction...

Starting bid£110,000

Please wait while we establish connection

Key Information

Parking: Off Street

Property features

Investment Property
Comprising Leased Shop & A Vacant 2 Bedroom Apartment Above
North Shore, Blackpool
Close to Promenade with Sea Views
In Good Order Throughout
Apartment Recently Renovated
Busy All Year-Round Trading Location
Priced to Sell
Viewing Highly Recommended

Retail in FY1

For sale via secure sale online bidding - terms and conditions apply.

On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale, which consists of a Leased Ground Floor Retail Unit and a Vacant 3-Bedroom Apartment above.

The ground floor shop is currently leased at an annual rent of £3,796 but has potential to be increased. The first-floor apartment has been recently renovated throughout to a high standard, with newly plastered walls, a new fitted kitchen, new bathroom units, new carpets and painted. The apartment is currently vacant, however could be let for approximately £800 per calendar month.

Viewing highly recommended.

Please note we have not inspected this property.

Location

North Shore, Blackpool, close to promenade with sea views

Accommodation - Ground

Main Entrance leading to: Main Retail Unit (Approx. 423.98 sq. ft.) with counter area and suspended ceiling with concealed lighting. Rear Retail Area (Approx 207.58 sq. ft.) Leading to: Second Rear Retail Area / Storage Area (Approx 80.24 sq. ft.) Small Rear Room with Kitchenette (Approx 46.91 sq. ft.) Storage Area (Approx 50.35 sq. ft.) 2 x Toilet Cubicles and Sink Area. (Approx. 55.81 sq. ft.) Access to the Rear Yard. Separate Ground Floor Entrance leading to: First Floor Apartment:

Accommodation - First Floor

Spacious New Fitted Kitchen with concealed spotlight lighting. Bathroom with 3-piece suite comprising bath with shower overhead, toilet and sink. Lounge. Master Bedroom. 2 Double Bedrooms both with sea views.

Exterior

Forecourt Area and Yard Area to the rear.

Tenure

Freehold, title number LA407493

BUSINESS

The ground floor unit is let on a 2-year lease at rent of £3,796 pa.but has potential to increase. The first-floor apartment is currently vacant but could draw £800 per calendar month.

EPC

Rating C.

Council Tax

Council tax band A

Rateable Value

Current rateable value (1 April 2023 to present) £4,200 Sourced from VOA

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

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 £6,000 + VAT (£7,200 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

Please log in to view and download the legal pack files.

Get a free valuation that fits your needs.

Whether you’d like an instant online estimate or an expert visit to discuss your home in detail, our team will give you clear, honest advice and help you plan your next move.

Free Expert Home Visit Valuation Get an Instant Online Valuation

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.