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Manchester 0161 967 0122
23rd September 2020 Auction
Lot Number - 4
AVAILABLE AT AUCTION
£300,000 Guide Price (plus fees)

2 & 4 Queen Street
Blackpool
Lancashire
FY1 1PD

Three storey double fronted terrace arranged as two ground floor retail units let at £26,000 per annum and a redevelopment opportunity to the first and second floors.

  • Double Fronted Three Storey Mixed Use Property

  • Two Ground Floor Retail Units

  • Investment/Development opportunity

  • Close to the Promenade

  • Retail Units Let at £500 per week - 7 year Lease

Description

The property comprises a substantial double fronted three storey terrace arranged as two shop units to the ground floor and residential accommodation to the upper floors. The shop units are trading as a convenience store and a fast food takeaway. The upper floors are in need of a full refurbishment/development. The current rent on the shop unit is £500 per week.

Location

The property is prominently situated fronting Queen Street and the corner of the Strand close to the Promenade. Queen Street is predominantly a leisure pitch with nearby occupiers including the Walkabout and Popworld.

Accommodation

Ground Floor:
Convenience Store
Fast Food Take Away

2 Queen Street
First Floor: Lounge, Two Rooms and W.C
Second Floor: Kitchen, Shower Room, Lounge and Three Rooms

4 Queen Street
First Floor: Five Rooms
Second Floor: Six Rooms


Tenancies

The ground floor units are let on a single lease for 7 years from 10th May 2019 at an initial rent of £26,000 per annum, with 3 yearly rent reviews. The tenant is Amigo's (Blackpool) ltd with a personal guarantor.

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.
Photo of James Ashworth

James Ashworth

07928 583229
Photo of Heather Twiss

Heather Twiss

0161 967 0122

Joint Agent

David Nolan
Kays Estate Agents
davenolan@kaysestates.co.uk

Solicitor

Briony Hayley
Blackhurst Budd Ltd
01253 629300
bh@blackhurstbudd.co.uk
Lot 4
£300,000 Guide Price (plus fees)
0161 967 0122
Manchester
0151 242 6754
Liverpool
0207 692 1930
London
Landwood Property Auctions is a trading name of LWA Manchester Limited a company registered in the United Kingdom under company number: 10855915. Registered Office: South Central 11 Peter Street Manchester M2 5QR. A list of directors is available at the registered office. VAT Reg Number: 277177173