Apartment 2, Apartment 4 (in shell condition), Apartment 5 (in shell condition) and Basement store at 23 Alexandra Road, Morecambe, LA3 1TQ

Comprising a first floor maisonette and a further space to develop two further flats to the upper floors. The maisonette could ideally provide an immediate rental income or re-sale leaving the upper floors to create further income. The property is situated on Alexandra Road in Heysham just a short distance away from Morecambe promenade where you can enjoy both seaside walks and recreational activities. The maisonette is situated on the first floor and briefly consists of entrance hallway and open plan kitchen/living room. To the first floor elevation there are two bedrooms and bathroom. The upper two floors are currently stripped ready for further development. Please note due to health and safety the viewing of this area may be restricted. On completion the seller will grant the buyer a long term lease for each of Apartment 2, Apartment 4, Apartment 5 and the basement store. The draft leases for the apartments are included in the legal pack. The Buyer is referred to potential SDLT reliefs, namely Multi dwelling relief and/or converting/developing Flats 4 and 5 which are currently undeveloped. No warranty or direction is given in this regard and the Buyer is to seek specialist SDLT advice for any reliefs and rates available and rely wholly on the specialist advice. Tenure: Leasehold Title number: New leases will be granted Council Tax Band : A – Lancashire County Council Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Leasehold

Energy Efficiency Rating (EPC)

Current Rating Apt. 2 - D

Local Authority

Lancashire County Council

Solicitors

Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187

Offered in association with

Farrell Heyworth Morecambe

Additional Fees

Buyer's Premium - £2000 inc VAT payable on exchange of contracts.

Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.