Vacant Former Bank With Three Self Contained Flats

An opportunity to purchase this landmark former Bank Building on the West promenade in Morecambe. The location has breathtaking views over Morecambe Bay toward the Lakeland fells and scenery. The property provides a super opportunity to purchase a building which comprises of three spacious sea front flats and an approximately 100 square metre ground floor commercial unit. The upper floors would be ideal as holiday flats and could offer a range of commercial opportunities occupying in a key visual site on the Promenade. The residential areas comprise of three self-contained two bedroom flats over three floors. Externally the property has a forecourt frontage which adjoins the commercial unit ideal for sea front promotion. The property is offered for sale with full vacant possession and some refurbishment is required The location is ideal for taking advantage of sea front visitors and would make a prime site for a business. The central promenade and town centre are within easy reach of this location. There are road links and regular bus services providing access to the town centre, nearby Lancaster city and Heysham village. The location takes full advantage of the recently opened Bay Gateway link road which provides direct access into 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. The location of this property will benefit significantly from the installation of this project. The property is offered for sale with full vacant possession. Tenure: Freehold Title number: LA753185 Council Tax Band : A (Flats) Local Authority: Lancaster Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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.

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.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Lancaster City Council

Solicitors

Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187

Offered in association with

FH Morecambe

Additional Fees

Buyer's Premium - £2000 inc VAT payable on exchange of contracts.

Administration Charge - 1.98% 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.