Tenanted Shop & Two Tenanted Self Contained Flats

The building comprises two flats and a ground floor shop unit. In addition there is a large rear storage unit ideal for conversion or additional income subject to required alterations and authority. Auctionhouse are informed that the flats are currently rented for £400 pcm each and the shop for £500 pcm. The location is directly opposite Pedder Street car park and the main shopping centre. There is good access to all the town centre restaurants and bars and a close proximity to the railway station. The Morecambe area now has direct access to the M6 following the opening of the Bay Gateway Link Road. Tenure: Freehold Title number: LAN900657 Council Tax Band : Local Authority: 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 Flats - D Shop - B

Local Authority

Lancaster City Council

Solicitors

Freeths Solicitors, Ref: Freeths Solicitors, Tel: 01865 781162

Offered in association with

FH Morecambe

Additional Fees

Buyer's Premium - £1500 inc VAT payable on exchange of contracts.

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.