Four Self Contained Flats On Sea Front

Prominent sea front building with breathtaking views over Morecambe Bay toward the Lakeland Fells. The property provides a great investment opportunity to purchase a sea front building which comprises of four rental flats. The building comprises a two bedroom ground floor and lower ground floor maisonette and three, one bedroom flats. The property is offered for sale as an ongoing rental investment providing incomes from two ongoing tenancies. Externally the property has a garden frontage which adjoins the lower ground floor and a yard to the rear. There are road links and regular bus services providing access to the town centre, nearby Heysham village, Carnforth and Lancaster city. The location takes full advantage of the Bay Gateway link road which provides enhanced access to the Lake District, Kendal, Yorkshire Dales, Preston and central Lancashire. The Morecambe area is currently under review for the potential construction of the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy. Tenure: Freehold Title number: LA767787 Council Tax Band : A Local Authority: Lancaster Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

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.

Energy Efficiency Rating (EPC)

Current Rating All flats Band C

Local Authority

Lancaster City Council

Solicitors

Birchall Blackburn Law, 38-46 Avenham Street, Ref: Birchall Blackburn Law, Tel: 01772 552217

Offered in association with

FH Morecambe

Additional Fees

Buyer's Premium - £1000 inc VAT payable on exchange of contracts.

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £1980 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.