Lot
045
Auction: July 2020 Online Auction 14/07/2020

28 Foxhall Road, Blackpool, Lancashire FY1 5AD

Property Details
Location
Auction Details
Description
A mixed-use retail and residential investment comprising a well established licensed cafe/restaurant to the ground floor together with five flats to the first, second and attic floors. The ground floor restaurant, which extends to approximately 113.4 Sq M (1,221 Sq Ft), is fully fitted and will be sold including all fixtures and fittings. To the upper floors there are 4 no. one bedroom flats and one studio flat, which are currently let and producing a combined rent of £22,360 per annum.
Location
The property is located on Foxhall Road, close to the junction with York Street, a short distance from the Promenade (A584) and the Central Pier in the centre of Blackpool.
Accommodation


























Description

 


Accommodation


Basement (Storage)


23.10 Sq M (249 Sq Ft)

 


Ground Floor (Café/Restaurant)


113.40 Sq M (1,221 Sq Ft)

 


First Floor

·        
Flat 1

·        
Flat 2


 

Bedroom, Kitchen, Living Room, Bathroom

Bedroom, Kitchen, Living Room, Bathroom


Second Floor

·        
Flat 3

·        
Flat 4


 

Bedroom, Kitchen, Living Room, Bathroom

Bedroom, Kitchen, Living Room, Bathroom


Attic

·        
Flat 5


 

Bedroom-Living Room, Kitchen, Bathroom

Outside
There is a secure gated yard to the rear providing off-street parking multiple vehicles.
Tenure
Unknown
Planning
Interested parties should consult direct with the Local Planning Authority: Blackpool Council, PO Box 4, Blackpool, FY1 1NA. Telephone: 01253 477 477.
Tenancy
Each of the flats is let by way of Assured Shorthold Tenancy agreements at the following rents:

Flat 1: £325.00 pcm (£3,900 per annum)
Flat 2: £368.33 pcm (£4,420 per annum)
Flat 3: £433.33 pcm (£5,200 per annum)
Flat 4: £433.33 pcm (£5,200 per annum)
Flat 5: £303.33 pcm (£3,640 per annum)
General
1. The ground floor is entered in the 2017 Rating List as "Cafe and Premises" with a Rateable Value of £7,000.

2. Each of the flats is listed with a Council Tax assessment in Band A.

3. Energy Performance Certificate = C.
Addendum
The rent for Flats 1 and 2 have been amended and the total combined rent has increased from £21,840 per annum to £22,360 per annum.

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