Lot 8 - 351 Waterloo Road, Blackpool, Lancashire, FY4 3AG
- Unconditional Online Auction Sale
- Guide Price* : £175,000 plus
Addendum
The property is opted for VAT.
Prominent vacant retail unit approximately 5792 sq ft (538.07 sq. m) together with 2 flats one of which is let at £470 per month
Description
The property comprises a prominent corner part two storey, part single storey building. It comprises a vacant retail unit previously occupied by Topps Tiles, with two self contained first floor flats above. Each flat is two bedroom, with a lounge, kitchen and bathroom. Flat 1 is currently tenanted at a monthly rent of £470. Flat 2 is in need of partial refurbishment and currently has no kitchen fitted.
The retail accommodation is predominantly open plan, with a storage area at the rear. The property offers potential for sub-division and possible development subject to obtaining the necessary consents.
Location
Occupying a prominent position at the intersection of four roads, the property has frontage to Waterloo Road and Marton Drive in the Hawes Side area of Blackpool. Waterloo Road is one of the main routes that links the southern promenade area with the M55 motorway via Preston New Road. The surrounding area is predominately residential and in the immediate vicinity are a number of other retail and commercial units.
Tenure
Freehold.
Accommodation
We detail below the following approximate areas:
Ground Floor (Retail): 3,113 sq ft 289.21 sq m
Ground Floor (Storage): 1,005 sq ft 93.36 sq m
First Floor Flat 1: 827 sq ft 76.8 sq m
First Floor Flat 2: 78.7 sq ft 847.12 sq m
Total: 5792 sq ft (538.07 sq. m)
Tenancies
Flat 1 is let on an AST at a monthly rent of £470.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £1,800 (inc VAT) payable upon exchange of contracts.Additional Information
Interested parties contemplating alternatives uses or development should consult direct with the Local Planning Office, Blackpool Council, Municipal Buildings, Corporation Street, Blackpool FY1 1NF Tel: 01253 477477.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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