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10 Palatine Road, Blackpool, FY1 4BT

Lot no: 123 Withdrawn Post
 

Guide Price £80,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th March 2021

10.00am
Key Features
  • Prime location
  • Excellent investment potential
  • Separate three bed apartment
  • Visit sdlauctions.co.uk to register to bid
  • EPC Rating: D
  • Extends over 6,000sq ft
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Withdrawn Post

Guest House

Property Description:

A three storey mid terrace building of brick construction and a pitched roof constructed in the late 1800s. The property benefits from a separate second floor three bedroomed apartment located within walking distance from Blackpool pleasure beach and thought suitable for a variety of alternate uses, subject to obtaining appropriate planning consent.

We feel the premises would be easily rented as two separate dwellings with minimal effort or as a guest house, subject to planning consent.

Please note that the property is currently let on a rolling tenancy agreement.

The auctioneers have not inspected the property but believe it to comprise:

Basement Floor:

Lower ground floor basement with two rooms.

Ground Floor:

Living room, kitchen, dining room/living room, bathroom, bedroom/living room and four access points:
-main front door leading to stairs
-patio doors into front living room
-back door leading to rear yard off the kitchen
-door (not in use) at side off bedroom

First Floor:

Four ensuite bedrooms.

Second Floor:

Apartment with separate entrance comprising kitchen, living room, bathroom, three bedrooms.

Outside:

Rear yard with access around the back of the property via a security gate and a patio to the front of the premises. There is ample street parking within the vicinity.

Location:

The property is situated in the coastal town of Blackpool, Lancashire along Palantine Road which is the prime location for the local attractions. The area comprises a number of complementary businesses, leisure facilities, visitor attractions and much more deriving much of the potential businesses trade. The property is situated minutes away from Blackpool town centre, Blackpool Pleasure Beach, The Winter Gardens and Blackpool Tower as well as the many bars and restaurants. The premises is accessed easily by road and rail links, the M55 motorway is within a short drive providing access to the nearby M6 motorway.

Value Added Tax:

We understand that VAT will not be chargeable.

Viewings:

Strictly by arrangement with the auctioneers, please call 0800 046 5454.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

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