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COMMERCIAL

38 Regent Road, Morecambe, Lancashire LA3 1QN

Guide Price
£75,000
Auction House, Fulwood
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Town Centre Location
  • Set Over Four Floors
  • Refurbishment Project
  • Potentially Two Flats

Description

Online Auction - 17th to 18th September 2024

Commercial Unit With Flats Above

Vacant building located on busy high in Morecambe town centre.
The property has previously been used as shop on the ground floor and two flats on the floors above.
The property requires full refurbishment and planning have been applied for two bedroom self-contained flats, retaining the commercial unit on the ground floor.
This property would make a great investment with the potential upcoming investment in the local area.

Tenure: Freehold
Title number: LA709789

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

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.

Tenure: Freehold

EPC Rating: TBC

Administration Fee: 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: £1200 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.

38 Regent Road, Morecambe, Lancashire LA3 1QN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morecambe Station0.5 miles
  • Bare Lane Station1.9 miles
  • Heysham Port Station2.6 miles
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About Auction House, Fulwood

311 Garstang Road Fulwood Preston PR2 9XJ
Industry affiliations:

We are the UK's largest residential property auctioneer.

  • We specialise in the sale of all property types
  • We act for private individuals, corporate clients or professional vendors and Estate Agents
  • We can provide a rapid sale in as little as 28 days
  • We'll achieve the very best price with extensive marketing and well attended auctions
  • We operate a completely transparent bidding environment

The success of our business is built upon forging strong and longstanding relationships with multiple corporate and private clients. We actively encourage engaging in new mutually beneficial relationships and our doors are always open.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202408281549sq_36f0. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Fulwood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Fulwood on 01772 286883.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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