Commercial Property for sale

DESCRIPTION: ** AUCTION SALE ** On Behalf of Pattinson Auctions Kenricks are pleased to offer this Investment Property comprising a second floor Self-Contained Holiday Studio Apartment for Sale.
This second floor apartment is situated within The Lynton Apartments in a prominent position on Blackpool’s Central Promenade, ideally situated close to Central Pier, Pleasure Beach and Town Centre amenities.
The apartment is one of 11 apartments within this three-storey promenade property operating as Holiday Apartments / Service Accommodation and benefits from having a superb sea view.
Viewing is Recommended.
The property is currently trading on Booking.com.
Communal Entrance leading to:
Hallway
Internal Staircase
Second Floor
Apartment 8
Main Entrance leading to:
Small Entrance Area.
Open Plan Lounge / Bedroom / Diner / Kitchen with fitted wardrobes and fold down double bed, and a patio door opening to a Juliet Balcony with sea view. The Kitchen has fitted wall and base units and a breakfast bar.
Bathroom with 3-piece suite comprising bath, toilet and sink.
AGENTS NOTES: The property is double glazed and has electric heating.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed the potential income is £20,000 pa.
TENURE: Virtual Freehold. We are informed there is a 999 year lease with ground rent at £1 pa and a service charge of approx. £600 pa.
PRICE IS A STARTING BID
VIEWING: By appointment through Kenricks 01253 420420
Property Reference INV582M