Auction: September 2020 Online Auction 08/09/2020

14 Victoria Street, Blackpool, Lancashire FY1 4RW

Property Details
A mid-terrace modern retail unit arranged over ground and first floors extending to approximately 251 Sq M (2,702 Sq Ft). The property is currently let on a 6-year lease at a passing rent of £27,500 per annum.
The property is located on Victoria Street, close to the junction with Bank Hey Street and opposite the Houndshill Shopping Centre, in the main retail core of Blackpool town centre. The A584 Promenade and Blackpool Tower are within a short distance.

DescriptionSq MSq Ft
Ground Floor140.001,507
First Floor111.001,195

Approx Site Area
Approximately 182 Sq M (218 Sq Yds).
Interested parties should consult direct with the Local Planning Authority: Blackpool Council, PO Box 4, Blackpool, FY1 1NA. Telephone: 01253 477 477.
The property is let to FBZA Ltd (t/a UIKO) from 1 February 2020 until 20 January 2026 at a rent of £27,500 per annum. A reduced rent of £1,000 pcm has been agreed until 31 January 2021 and the seller will "top-up" the rent to the headline amount for the duration of the reduction post completion. A rental deposit of £5,000 is also held.
VAT will be charged at the prevailing rate, in addition to the sale price.
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. The property is entered in the 2017 Rating List as "Shop & Premises" with a Rateable Value of £44.750.

3. Energy Performance Certificate = E.

Our Nearest Office

Liverpool 600x300


Joint Agent

Duxburys Commercial
Contact: Clare Taylor
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