Lot
015
Auction: March 2022 Online Auction 23/03/2022

12 The Crescent, Lytham St. Annes, Lancashire FY8 1SZ

Property Details
Location
Description
A mid-terrace property comprising ground floor retail unit, extending to approximately 55 Sq M (592 Sq Ft), together with basement storage and two upper floor flats which have been sold off. The retail unit is fully glazed and fitted out as a barber shop and is let on a 6 year lease from June 2021 at a rent of £7,250 per annum. The basement and upper floors produce an additional ground rent of £62 per annum.
Location
The property is situated in a prominent position fronting The Crescent, close to St Annes Station in the centre of St Annes.
Accommodation

DescriptionSq MSq Ft
Ground Floor: (Retail Area, Rear Store, W/C)55592

Tenure
Unknown
Planning
Interested parties should consult direct with the Local Planning Authority: Fylde Council, The Town Hall, St Annes Road West, Lytham St Annes, FY8 1LW. Telephone: 01253 658 435. Email: [email protected].
Tenancy
The property is let by way of a 6 year lease from 15 June 2021 at an initial rent of £7,250 per annum, rising to £7,500 per annum on 14 June 2024. We are advised that the tenant has been in occupation of the premises since 2017.

The basement and upper floors have been sold off on a long leasehold basis and produce a ground rent of £62 per annum.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
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. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND MARCH AND CLOSES ON WEDNESDAY 23RD MARCH.

3. The property is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value (RV) of £6,900. The RV is not the amount payable.

4. Energy Performance Certificate = C.
Addendum
The property is held by way of a 981 year lease from 25 September 1889.

Our Nearest Office

Liverpool 600x300

Liverpool

Joint Agent

Robert Pinkus and Co
Contact: Danny Pinkus
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