Shared accommodation for sale in Palatine Road, Blackpool FY1
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- To be offered on Tuesday 24 September
- Eight holiday apartments
- Previously Let - Producing £95,782
- Offered with Full Vacant Possession
- Development Potential subject to any requisite consents
- Established and Popular Location
- Guide Price Reflects 50% Gross Yield on potential rent
- 6 week completion
Property description
Strapline
Auction Sale - 24/09/2024
Of Interest to Investors, The property is currently trading as 8 x holiday apartments – 3 x 1 bedroom apartments, 3 x studio apartment, 1 x family suite split level apartment and a 1 x ground floor 1 bed apartment. We understand that trading figures from 1/4/23 - 31/3/24 were £95,782. Please refer to legal pack for further information.
To be sold with Full Vacant Possession
Description
The property is currently trading as 8 x holiday apartments – 3 x 1 bedroom apartments, 3 x studio apartment, 1 x family suite split level apartment and a 1 x ground floor 1 bed apartment.
We understand that trading figures from 1/4/23 - 31/3/24 were £95,782. Please refer to legal pack for further information.
Property is to be sold with vacant possession however, future bookings, goodwill and fixtures and fittings can be negotiated with the seller.
The property is situated on the Northerly frontage of Palatine Road at its junction with Central Drive and the new Blackpool central 300 million pound leisure development that is under construction. Palatine Road is a popular road, which is within close proximity of a wide range of amenities, including Blackpool the sea front, and the Central Pier. Blackpool itself is a popular tourist destination in the North West, along with good access to the surrounding towns.
Location
The property is located approximately 0.6 miles from Blackpool town centre and approximately 19 miles from Lancashire city centre. Blackpool and Fylde College/University Campus are also located 0.3 miles away.
Accommodation
We understand that the property comprises of: 8 x holiday apartments – 3 x 1 bedroom apartments, 3 x studio apartment, 1 x family suite split level apartment and a 1 x ground floor 1 bed apartment.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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.