Commercial
For sale by auction – Thursday 14th August 2014
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
Brief Description
Excellent investment opportunity to purchase a substantial 4 storey 13 bedroom licensed hotel. Property offers 13 bedrooms in total with 8 en-suite bathrooms.
There is a bar area with seating, a large dining area for serving 34 people and excellent 2 bedroom owners accommodation. Property is well maintained throughout and is being sold due to ill health. The property is well placed on Blackpool south shore in a busy location within the town. Property could offer further re-development opportunities and could be re-developed into residential apartments subject to getting necessary planning consent
Tenure
Freehold.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (including VAT) payable on the fall of the hammer.
13 bedroom licensed hotel
8 En-suite bathrooms
Owners Accommodation
Close to sea front
EPC Rating: TBC
