For Sale By Auction | 12:00, 16 October 2024 | Lot 41

42 Hull Road, Blackpool, Lancashire FY1 4QB

Sold £110,000

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 16/10/2024

Auction Time

12:00

Auction Venue

Online Auction

Freehold block of Holiday flats in Blackpool

FREEHOLD BLOCK IN TOWN CENTRE Six Self Contained One/Two Bedroom Flats. Across Four Floors, The total size 2800 SQFT (approx) Building Falls Under Small Business Rates Relief Threshold (depending on buyer circumstances) Refurbishment Project Individual Consumer units for each flat, easy sub meter instal as required. DESCRIPTION A rare opportunity to acquire a block of six Holiday Flats (Airbnb’s), in the Centre of Blackpool Town and holiday zone, on a holiday/hotel accommodation only street. Located only minutes to; Houndshill Shopping Centre, Coral Island, Winter Gardens, Sea Life, Backlot Imax Cinema etc, at the end of the street is the proposed 300 million entertainment complex site. Auctionhouse are informed that the property was converted to holiday flats around 1988, with Architect designs and relevant consents. It benefits from front and rear roof dormers, plus the basement has a concrete floor base throughout. The property requires internal refurbishment; a blank canvas with all existing fixtures and fittings removed. The building is now ready for somebody to develop to their own standard. As regulated holiday flats the property avoids any proposed future plans by HM Gov to regulate and control the serviced accommodation industry. Plans supplied indicate an overall space of (261 Sqm / 2816 Sq Ft), Rateable Value 2023/24 £4,350 pa. LOCATION Defined Holiday Area Hull Road LOWER GROUND FLOOR Apartment 3 - 2 Bedroom Apartment - Lounge/Kitchen (16.2Sqm), Bedroom 1 (11.6Sqm), Shower & W.C (5.8 Sqm), Bedroom 2 (11.4)Sqm Storage (3.6Sqm) Concrete floor GROUND FLOOR Entrance to hallway; Apartment 1 - Lounge/Kitchen (19.6Sqm), Bedroom (10.9Sqm)with en suite. Apartment 2 - Lounge/Kitchen (17.9Sqm), Bedroom(8.9Sqm) with en suite FIRST FLOOR Apartment 4 - Lounge/Kitchen(13.3 Sqm)Bedroom (4.8Sqm), ShowerRoom (4.7Sqm) Apartment 5 - Lounge (16.3Sqm), Kitchen (5.3Sqm), Bedroom (11.4Sqm) with en suite SECOND FLOOR Dormer: Apartment 6 - Lounge/Kitchen(14.1Sqm), Bedroom 1(11.8Sqm), Bedroom 2 (6.4 Sqm) - ShowerRoom (3.1Sqm) - W.C EXTERIOR Rear Yard/Front walled garden All measurements are approximate. BUSINESS Not trading SERVICES Supply of Electric, Gas & Water. Individual Consumer units for each flat assisting the future inclusion of sub-meters if desired Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Blackpool Borough Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.