Next auction Thursday 20th June 2.30PM

Newton House, 1 Newton Drive, Blackpool, FY3 8BT



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Guide price

£35,000+


Property Type

Mixed Use


Key Features

  • Town centre shop and 1 bed flat above
  • Shop is vacant (ERV £440 pcm)
  • Upper floor flat let at £440 pcm
  • ERV when fully let £10,560 pa
  • Close to Blackpool Tower and Beach

Part of the 20 July 2017 auction
The Centenary Suite at 2.30PM

Freehold end of terrace shop with self contained one bedroom flat above in the popular seaside resort of Blackpool

  • * Prominent position fronting Newton Drive, a short distance from Blackpool Tower * Comprising a ground floor shop with rear stores and staff area * Net floor area of the shop is approx. 63.19 sq m (680 sq ft) * Access from the rear to both the shop and stairs to upper floor flat * First floor comprises kitchen/dining, lounge and shower room/WC * Second floor comprises a good sized bedroom with Velux windows * Refer to Rightmove for full details

Refer to www.auctionestates.co.uk

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

Freehold, subject to the tenancy of the upper floor flat which is reported to be let on a 12 month AST at £440 pcm. The ground floor shop is vacant and offered to let at £440 pcm. Total ERV when fully let is £10,560 per annum.

TBC

Email: mmiah@tmfortis.co.uk
Telephone: 0161 220 6040

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