Two Tenanted Retail Units And Four Bedroom Maisonette

Two Retail Units With Four Bedroom Maisonette Above Producing An Income Of £16,200 pa. The property is an ideal investment opportunity as it provides good established incomes from two shop fronted retail premises and a generous size maisonette which covers the first, second and third floors. To the ground floor, there is a takeaway pizza restaurant which is currently on long term lease with an established takeaway business. There is an established hair salon in the second unit again on similar terms. The maisonette's first floor accommodation comprises rear entrance with a staircase and a landing area, open plan lounge through to a dining room, kitchen, bedroom and a bathroom. To the second floor, there are two bedrooms and a main bathroom. There is an attic bedroom located on the third floor and has an adjoining bathroom. The property is located in the centre of Morecambe, a short walk to the promenade and surrounded by other shops, café’s and pubs. The building is for sale as a freehold purchase and does not include the businesses. Please refer to legal pack for tenancies agreement and to confirm income. Tenure: Freehold Title number: LA738845 Council Tax Band : A 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

Freehold

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Lancaster City Council

Solicitors

Bowsers Solicitors, Ref: Bowsers Solicitors

Offered in association with

FH Morecambe

Additional Fees

Buyer's Premium - £3000 inc VAT payable on exchange of contracts.

Administration Charge - 1.8% inc VAT of the purchase price, subject to a minimum of £1800 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.