Guide price
£270,000
Land for saleBoardman Avenue, Blackpool FY1
About this property
Investment Property Comprising Land (Approx. 12,900 sq. Ft.) and 21 x Tenanted Garages
South Shore Blackpool
Desirable Residential Location
Close to Bloomfield Road and Blackpool Football Club
Ideal Investment Property
Currently Draws 12,600 per annum
Suitable for Rental Uplift
All Currently Let
Potential to Increase Income
Suitable for a Number of Uses Subject to Planning Permission
Viewing Recommended
For sale via auction - fees, terms and conditions apply.
On Behalf of Pattinson Auctions Kenricks are pleased to offer this Land and 21 x Tenanted Garages.
The land and garages are situated in the popular location of Boardman Avenue being close to Bloomfield Road, South Shore, Blackpool.
There is approximately 12,900 sq. Ft. Of Land along with the tenanted garages which could be suitable for a number of uses subject to planning permission.
Each Garage is currently tenanted at a monthly rent of 50 per calendar month on rolling agreements but would be suitable to rental uplifts. Therefore, there is potential to increase income
Please note we have not inspected this property.
Location
Situated in the popular location of Boardman Avenue being close to Bloomfield Road, South Shore, Blackpool.
Land Details - (Approx. 12,900 Sq. Ft.) And 21 x Garages
Secure Gated Entrance leading to small section of Land with 7 x Garages: 3 x garages are flat concrete roofing and have padlocked wooden stable style doors. Opposite are the other 4 x vaulted roof garages, 1 with secure wooden stable style doors and 3 with up-and-over metal garage doors.
This area leads to the remaining 14 x Garages and the larger plot of Land. These garages all have vaulted roofing, 3 x garages have secure wooden stable style doors, and 11 x garages have up-and-over style metal doors. All garages are of a similar size, although this may vary slightly, and are approximately 12 x 20 in length and width.
Exterior
Private secure gated access to the rear of 46 Boardman Ave leading to the Land and Garages
Business
All 21 x garages are currently occupied, the majority of which with long standing tenants, each garage drawing 50 per calendar month, but all garages are suitable for rental uplift. Current annual income is 12,600 with potential to increase income substantially.
Agent Notes
The garages do not currently have electric or water. The land at the premises could be suitable for a number of uses subject to planning permission.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
Tenure
Freehold, title number LA448270.
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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