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Banks Street & 27
Banks Street & 27-31 General Street, Blackpool FY1
£120,000
Banks Street & 27-31 General Street, Blackpool FY1
£120,000
Our Summary
- Guide Price £120,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For sale by online auction on 26 February 2025Bidding opens at 9:00am and closes from 9:30am onwardsVacant Guest House9 En-suite BedroomsPlanning Granted:3 x Self Contained Holiday FlatsInvestment OpportunityGreat LocationFormer, vacant guest house currently in the structure of a 9 bedroom, all ensuite hotel - now with planning granted and approved for 3 self contained holiday flats
- A fantastic investment opportunity close to Blackpool promenade
- TenureLeasehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
This vacant guest house, located near Blackpool promenade, is an investment opportunity with planning granted for 3 self-contained holiday flats. The property has 9 en-suite bedrooms and is situated a short walk from the train station, town centre, and major tourist attractions. The leasehold property has a 2000-year lease from 1873, and the buyer will pay a 10% deposit (minimum £5,000) and a buyer's administration fee of £1200 + VAT upon the fall of the hammer. The property will be sold unconditionally, with a full legal completion required 28 days following the auction. The buyer must register to bid on the Town & Country Property Auctions website and create an auction passport account with Essential Information Group.