Banks Street & 27

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Banks Street & 27

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 30 April 2025Vacant 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

A former guest house in Blackpool is being sold by online auction on April 30, 2025, with a guide price of £120,000 plus fees. The property, which is situated a short walk from the train station, town centre, and major tourist attractions, currently has 9 en-suite bedrooms but has planning permission granted to convert it into 3 self-contained holiday flats. The property is leasehold, with a 2000-year lease from 1873, and buyers will need to pay a 10% deposit and a £1200 + VAT buyers' administration fee upon the fall of the hammer. The auction conditions require full legal completion 28 days following the auction, and buyers may be required to pay additional fees, costs, and charges. Registration is now open, and bidders can register on the Town & Country Property Auctions website.
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