Lot 1 - 54 Lord Street, Fleetwood, Lancashire, FY7 6DT
- Unconditional Online Auction Sale
- Guide Price* : £100,000 plus
- Vacant Town Centre Mid-Terrace Property
- Previously trading as a takeaway/fast food restaurant
- Ground Floor Retail and First Floor Storage
- 197.46 sq. m (2,216 sq. ft.)
- Prominent Town Centre Location
- 999 year Leasehold
- Development Potential STP
ON BEHALF OF THE JOINT LIQUIDATORS: Double Fronted Retail Unit (Former KFC) plus upper floors approximately 197.46 sq m (2,126 sq ft)
Description
The property comprises two mid terraced, two storey retail units, which have been reconfigured to provide a single retail unit to the ground floor, with ancillary/storage accommodation above. The original buildings have been extended to the rear by way of 2 no. two storey outrigger extensions.
The property formally traded as a takeaway/fast food restaurant ,with two main seating areas, which have capacity for up to 62 covers. To the rear of the seating area to 54 Lord Street are male, female and disabled customer toilets, alongside a small store. To the rear seating area of 52 Lord Street is a servery with fixed serving counter and behind this a catering kitchen, a dishwash area, fitted with stainless steel sinks, a food preparation area, and to the side of this are two cold stores. This area also provides staff toilets and a small staff office. To the rear of the ground floor of 54 Lord Street is a lobby, with staircase to the upper floor alongside a door to a rear yard.
The upper floors provide storage accommodation, however we were only able to access part of the first floor to 54 Lord Street as the majority of accommodation has been blocked off and is not in use and we advised that access to the first floor of 52 Lord Street is via the first floor of 54 Lord Street and this is currently blocked off, The upper floors offer scope for refurbishment and/or redevelopment subject to obtaining the necessary consents.
Heating and air conditioning to the ground floor retail unit is provided via air conditioning/heating ceiling cassettes. The property is also fitted with a fire alarm system and CCTV. None of the services have been tested during our inspection and we cannot confirm they are in full working order. The property has been vacant for some time and some areas are in poor condition.
Location
Lord Street is Fleetwood’s main retail high street, with a range of local and high street retailers in the vicinity to include Iceland, Subway and Card Factory. There are also a range of cafes and hot food takeaways.
Tenure
Leasehold for a term of 999 years from 1st January 1864.
Accommodation
The property provides the following approximate Gross Internal Areas;
Ground Floor: 169.40 sqm 1,823 sq ft
First Floor: 28.06 sq m 302 sq ft *
Total: 197.46 sq m 2,126 sq ft
*Note the VOA have the first floor listed as 112.68 sq. m (1,213 sq. ft) and we assume they reference the property prior to parts being blocked off.
EPC
Energy Asset Rating TBC.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1.The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* 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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