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£75,000

Holmfield Road, Blackpool, FY2

  • 5 beds
Other

£75,000

  • 5 beds
Other
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Estimate monthly mortgage payment:

£342 per month

Minimum deposit amount:

£3,750
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Freehold Commercial Investment Currently Used As A Meditation Centre With Living Accommodation Above - Suitable For Multiple Uses (subject to gaining the necessary consents from the local authority)., Council Tax Band A, EPC Rating(awaiting results).

Description
Freehold commercial investment currently used as a meditation centre with living accommodation above - suitable for multiple uses (subject to gaining the necessary consents from the local authority).

Situation & Description
Holmfield Road is a primarily residential street a few hundred yards from Queen`s Promenade and the seafront as well as being within walking distance of Blackpool North Shore Golf Course. Bispham town centre is a short distance to the north and Blackpool city centre is around 1.5 miles to the south.

The property is currently being used as a meditation centre with living accommodation over first and second floor (8 rooms all with en-suite shower rooms) and offers an incoming buyer a variety of uses depending on their own circumstances - all subject to gaining the relevant consents from the local authority.

The property is now in need of updating so offers an excellent opportunity for uplift in value as well as potentially high yielding investment.

Accommodation
Ground Floor:
Entrance Hall, Meditation Room, Reception Area, Living Room, Kitchen/Breakfast Room, Utility Room, Store and Downstairs WC

First Floor:
5 Bedrooms and 5 Shower Rooms

Second Floor:
3 Bedrooms and 3 Shower Rooms

Outside:
There is a small courtyard to the rear.


Auction Details
Auctioneer`s Note
The client is open to pre-auction offers so please contact Rocket on 0208 164 2892 for further information

Auction Details
The lot is to be sold by traditional online auction on Wednesday 30th October at 4pm (bidding opens on Tuesday 29th at 12pm)

An auction buyer`s fee of 3.6% (inc of VAT) subject to a minimum fee of ?6,000 (inc of VAT) is payable in addition to the purchase price.




Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: No
Garage: No
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Stamp Duty tax
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Mortgage and legal costs:
£999
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