Commercial Property
A development opportunity comprising a three storey (plus basement) former guest house extending to approximately 271 Sq.M (2,917 Sq.Ft) (source EPC) and situated just a short walk from Blackpool Central Pier. The ground floor comprises living accommodation and a small office / former retail area with basement storage whilst the upper floors have been stripped back to brick and works have commenced to convert the first and second floors into 4 holiday apartments. The property requires a significant amount of completion works but would make an ideal investment for a local developer looking for their next project and to take advantage of Blackpool's tourism trade.
The property fronts onto Barton Avenue close to it's junction with The Promenade (A584) just a short walk from the wide array of amenities, facilities and tourism attractions on offer all year round.
Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
