Retail property (high street)

Rooms

Location
The subject property is well located along Victoria Square, Blackpool. The property is located close to all local amenities and transport links with the closest bus stop being a minutes walk away. The subject property is approximately 5 miles from Blackpool city centre.

Accommodation
GROUND FLOOR Formerly occupied by HSBC Bank with banking hall and offices. FIRST FLOOR Offices. SECOND FLOOR Offices. Area of title approx. 0.847 acres (3,689sqft).

Lease Details
The property is currently subject to a 10 year lease to HSBC PLC Bank, at an annual rent of £47,00 per annum, however the tenant vacated in August 2021. Rent is paid up until January 2022, so this part of the property will be sold with vacant possession from 1st January 2021. The ground floor shop and basement is leased on a 125 year lease to Sherratts Jewellers, at a rent of £20.00 per annum (not currently being demanded). The first floor area is currently used as a ladies gym, and is leased on a 125 year lease at a rent of £100.00 per annum. Please refer to the legal pack for further tenancy information.

Tenure
Freehold. Title number LAN208185.

EPC
Available upon request (rating G).

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon agreement of sale, the successful bidder will be expected to pay a non-refundable deposit and or reservation fee of up to 6% inc VAT (subject to a minimum of between £2,400 and 6,000 inc VAT dependant on geographical location and contract type) Full terms and conditions are available on The Auctioneers website. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or obligation to use these recommended suppliers or services.