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Coronation Street, Blackpool, Lancashire, FY1 4PD

Guide Price
£170,000

Business rates & charges may apply

Pattinsons, Pattinsons Auction- National Auctioneer
SIZE

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SECTOR

Restaurant for sale

Key features

  • Licensed Fish and Chip Shop/Diner & 7 Bedroom Accommodation Above
  • Central Blackpool
  • Close to Town Centre, New Development Area, & Entertainments
  • Busy All Year-Round Trading Location
  • Substantial 3 Storey Mid Terrace Property
  • Tremendous Potential
  • Strong Trading Accounts
  • Priced To Sell
  • Car Parking for 1 Motor Vehicle

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this Licensed Fish and Chip Shop / Diner with 7-bedroom accommodation above for Sale.

This substantial 3 storey property is situated in a prominent position in the busy all year-round trading location of Coronation Street in Central Blackpool, within close proximity to the vibrant town centre.

The business sells Fish and Chips as well as a range of food including Pizza, Burgers, Kebabs, Curries, Pies, Soft & Alcoholic drinks.

The accounts show a turnover in excess of £218,400 per annum, which reflects the strong trading ability of this business.

Viewing Highly Recommended.

Please note we have not inspected this property.

Location

The subject property is excellently located on Coronation Street, central Blackpool. The property is located close the famous Blackpool Promenade, approximately a 5-10 minute walk away. Blackpool is situated 17 miles west of Preston, 49 miles north west of Manchester and 33 miles south west of Lancaster.

Accommodation

Ground Floor
Separate Entrance leading to:
Main Shop with non-slip floor and a range of equipment including three pan range, freezer, fridge and Bain Marie.
Kitchen with sink, fridge, 6 ring gas cooker, griddle, twin kebab machine.
Dining area with seating for 33 diners with cushioned seating booths, LED lighting and Disco Ball Feature.
Toilet
Entrance to Hall and Staircase to first floor.

Lower Ground Floor
Cellar Area with Stainless Steel Units, Pizza Preparation Area, Pizza Ovens, Fridges, Freezer, Sink and Door to Rear of Property.
Cellar Area for storage.

Separate Street Entrance leading to:
Hall and Staircase.

First Floor
Private Accommodation:
Large Lounge with laminate flooring, bay window and feature fireplace.
Kitchen / Diner with fitted wall and base units.
Large Double Bedroom with shower and sink.
Toilet.
Double Bedroom.

Second Floor
1 Triple Bedr...

Business

Trading accounts for the year end 1sr February 2024 shows an annual turnover of £218,400. Accounts on Application.

Hours

Current Trading Hours:
Monday to Thursday 3pm -11pm
Friday & Saturday 3pm – 2a

Tenure

Freehold. Title number LA967457.

Rateable Value

The current rateable value is £7,600 (1 April 2023 to present).

Sourced from VOA.

EPC

Available upon request (rating C).

Agent Notes

The property is central heated and has double glazing.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Coronation Street, Blackpool, Lancashire, FY1 4PD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.5 miles
  • Blackpool South Station1.1 miles
  • Layton Station1.6 miles

About Pattinsons, Pattinsons Auction- National Auctioneer

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 473304. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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 Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*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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