Auction:
April 2019
18-20 Clifton Street, Blackpool, Lancashire, FY1 1JP
18-20 Clifton Street, Blackpool, Lancashire, FY1 1JP
Guide
Price:
£200,000
Additional
Costs / Fees will apply
Property
Details
Location
The property is located fronting Clifton Street, a short distance from Talbot Square and Blackpool Town Hall, in the centre of Blackpool. The Promenade and Blackpool North Station are both in close proximity.
Description
A three storey town centre retail and office building, adjacent to a proposed new Premier Inn hotel, let to Life 2009 and Barnfield Construction at a combined rent of £25,000 per annum.
Accommodation
| Description | Sq M | Sq Ft |
| Ground Floor: | 129.00 | 1,389 |
| First Floor: | 120.00 | 1,292 |
| Second Floor: | 97.00 | 1,044 |
| Total: | 346.00 | 3,725 |
* Floor areas taken from VOA website.
Planning
Interested parties should consult direct with the Local Planning Office: Blackpool Borough Council, PO Box 4, Blackpool, FY1 1NA. Telephone: 01253 477 477.
Tenancy
The ground floor is let to Life 2009 for a term of ten years from 28 August 2012 at a rent of £12,500 per annum. |
The first and second floors are let to Barnfield Construction Ltd for a term of two years and six months from 1 June 2018, subject to a break clause on 30 May 2020, at a rent of £12,500 per annum. |
VAT
We understand that VAT is payable at the prevailing rate in addition to the purchase price unless the transaction qualifies as a TOGC.
General
Energy Performance Certificate = E.
