Retail premises for sale in Lytham Road, Blackpool FY1
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Property features
- Investment Property Comprising Leased Caf and Separate 2 Bed Apartment
- Blackpool
- Substantial 3 Storey Building
- Busy All Year Round Trading Location
- In Good Order Throughout
- Currently Draws 13,572 per annum
- Priced to Sell
- Forecourt
Property description
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this Investment Property for sale.
The property comprises a Ground Floor Caf which is currently leased on a 3 year Lease as a well-known and popular business called The Teapot Caf and a separate 2 Bedroom Duplex Apartment which is Let on a shorthold tenancy.
We are informed The Teapot Caf has been successfully trading for the past 15 years.
This substantial 3 storey property is situated in the busy and popular trading location of Lytham Road, South Shore, Blackpool.
Viewing recommended.
Please note we have not inspected this property.
Location
The subject property is situated on Lytham Road in South Shore, Blackpool. The area is a large mix of commercial and residential properties with an extremely high level of footfall and traffic and is a short walk to the promenade. Blackpool is located 9.6 miles south of Fleetwood, 17 miles west of Preston and 50 miles northwest of Manchester.
Accommodation
Ground Floor (approx. 560sq ft)
Main Entrance leading to:
The Teapot Caf
Open Plan Caf with suspended ceiling and fitted counter with preparation area.
Kitchen with fitted sink unit.
Toilet with baby changing facilities.
Lower Ground Floor
Cellar Area for storage
219a Lytham Road (Apartment)
Ground Floor
Main entrance leading to hallway and staircase.
First Floor
Large open plan lounge area with feature fireplace.
Fitted Kitchen with wall and bas units and wood affect flooring.
Bedroom 1
Bathroom with tiled walls and comprising 3-piece suite.
Internal Staircase leading to:
Second Floor
Bedroom 2
exterior: Forecourt to the front of the property. Yard to the rear.
Business
We are informed that the ground floor is Leased on a 3 year Lease from 14th December 2023 at a Rent of 7,272 pa. The apartment above is Let on a shorthold tenancy at a Rent of 6,300 pa. The property draws 13,2572 per annum
Tenure
Freehold. Title number LA563078.
Rateable Value
The current rateable value is 4,100 (1 April 2023 to present).
Sourced from voa.
EPC
Available upon request (rating D).
Agent Notes
The first floor apartment is double glazed. Sale subject to the fees, terms and conditions of Pattinson Auctions.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . 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.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Property info
For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.