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48 King Edward Avenue, Blackpool FY2 9TA

Timed Auction
 

Guide Price £165,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band:
  • Twelve Bedroom License Hotel
  • Well Presented Throughout
  • Gas Central Heating and UPVC Double Glazing
  • Located In The North Shore Area of Blackpool
  • EPC Rating: C
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House (unspecified)

Property Description:

A twelve-bedroom licensed hotel in Blackpool. Sold with vacant possession

A twelve-bedroom hotel situated in the North Shore area of Blackpool, just off the prestigious Queen Promenade. The property is beautifully presented throughout, having undergone a full refurbishment just over three years ago. The property boasts an excellent location within Blackpool, close to all necessary amenities and attractions that Blackpool has to offer. A full breakdown of what is included can be found below. Viewings advised.

Accommodation

Ground floor

Entrance Vestibule
Hallway
Sun lounge with wood effect flooring,
Open plan dinning / restaurant room (restaurant area) leading to bar lounge with upholstered seating and fitted bar.
A fitted commercial kitchen with a range of commercial catering equipment including stainless extraction canopy & wall fan.
Private owners lounge.
Private owners shower room.
Private owners bedroom one.
Private owners bedroom two.

First floor

1 Family bedroom part en-suite with own toilet.
3 Double bedrooms all en-suite.
1 Single bedroom part en-suite with own toilet.
1 Shower room on landing for family room and single room to share.
1 Store room for linen and hot water tank.

Second floor

2 Family bedrooms both en-suite.
3 Double bedrooms all en-suite.
2 Storage cupboards with fitted locks.


Exterior

Small front garden.
Yard to the rear with garage and parking for 2 to 3 cars with locked wooden double gates.
The street has free unrestricted parking.

Note

The property has gas central heating and is UPVC double glazed. All letting bedrooms are beautifully presented and have TV's some with built in dvd players also all tea/coffee tray with small kettle.
CCTV installed in public areas.
L2 Fire Alarm system & emergency lighting installed.
Burglar alarm fitted.
Fire Extinguishers on each floor.

Note: All fixtures, fittings and inventory will be included in the freehold sale with the exception of some privately owned items.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.




Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers 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 Price

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.