Lot 7 - 15, 15A, and 15B Poulton Street, Kirkham, Preston, Lancashire, PR4 2AA
- Unconditional Online Auction Sale
- Guide Price* : £97,500
- Mixed Use Investment
- Vacant Retail Unit
- Two Tenanted Flats combined rent £9,900
- Main High Street location
Mixed use investment property comprising a vacant ground floor retail until with two self contained one bedroom flats above, both of which are tenanted for a combined rent of £825pcm
Description
A three storey mid terrace arranged as a vacant ground floor retail until and two self contained one bedroom flats to the upper floors. The property is currently Let producing a combined annual equivalent income of £9,900. The vacant retail until was previously trading as a take away sandwich shop.
Location
The property is located fronting Poulton Street, the main high Street in Kirkham with nearby retailers including Bet Fred and Costa Coffee, together with a range of local independent stores.
Tenure
The property is held Freehold.
Accommodation
We have not inspected the property and the internal photos have been provided by the tenant/managing agent. We understand the accommodation comprises (measurements have been provided by the Managing Agent). Interested parties should satisfy themselves in this regard:
15 Poulton – Front shop Area 405sq ft (37.6 sq m), Rear Kitchen 120 sq ft (11.1 sq m), Wash Up Area and Toilet
15a Poulton – Kitchen Area, Lounge, Bedroom with En Suite Shower Room/W.C
15b Poulton – Kitchen, Bathroom/W.C, Lounge and Bedroom
Outside
Rear yard.
Tenancies
15 (Retail) - Vacant.
15A (Flat) - Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 17th March 2023 at a rent of £395pcm. The tenant is holding over.
15B (Flat) - Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 24th June 2022 at a rent of £430pcm. The tenant is holding over.
EPC
15 Energy Peformance Asset Rating - D. 15A Energy Performance Asset Rating - D. 15B Energy Performance Asset Rating- D
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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