Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
4 miles west of Lancaster, 30 miles north of Preston, 55 miles north-west of Manchester
Roads
A589, A683, M6
Rail
Morecambe Railway Station
Air
Leeds Bradford, Manchester International
Situation
The property is located in the popular tourist town of Morecambe on the seafront, some 500 metres from Morecambe Railway Station. It forms part of a larger building which also houses The Platform Arts & Entertainment Venue, The Platform Public House (operated by Spirit) and KFC, whilst also directly adjacent is the Reel Multiplex Cinema and the town’s Fesitval Market. The iconic Art Deco Midland Hotel is directly facing whilst adjacent to the south is a retail park housing a 70,000 sq ft Morrisons superstore, Next, Homebase, Aldi and the Super Bowl together with the site of proposed Bay Shopping Park – www.wsbproperty.co.uk/adminimages/The%20Bay%20Shopping_Morecambe.pdf – which has now received detailed planning consent.
Tenure
Virtual Freehold. Held from Lancaster City Council for a term of 999 years from 1st December 1997 until 2996 at a peppercorn rent.
Location
Miles
4 miles west of Lancaster, 30 miles north of Preston, 55 miles north-west of Manchester
Roads
A589, A683, M6
Rail
Morecambe Railway Station
Air
Leeds Bradford, Manchester International
Situation
The property is located in the popular tourist town of Morecambe on the seafront, some 500 metres from Morecambe Railway Station. It forms part of a larger building which also houses The Platform Arts & Entertainment Venue, The Platform Public House (operated by Spirit) and KFC, whilst also directly adjacent is the Reel Multiplex Cinema and the town’s Fesitval Market. The iconic Art Deco Midland Hotel is directly facing whilst adjacent to the south is a retail park housing a 70,000 sq ft Morrisons superstore, Next, Homebase, Aldi and the Super Bowl together with the site of proposed Bay Shopping Park – www.wsbproperty.co.uk/adminimages/The%20Bay%20Shopping_Morecambe.pdf – which has now received detailed planning consent.
Tenure
Virtual Freehold. Held from Lancaster City Council for a term of 999 years from 1st December 1997 until 2996 at a peppercorn rent.
Description
The property forms part of a larger Grade II Listed building and comprises ground and first floor accommodation currently used as a Visitor Information Centre.
SIX WEEK COMPLETION
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property forms part of a larger Grade II Listed building and comprises ground and first floor accommodation currently used as a Visitor Information Centre.
SIX WEEK COMPLETION
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First
Visitor Information Centre
146.23 sq m 67.63 sq m
(1,574 sq ft) (728 sq ft)
LANCASTER CITY COUNCIL (t/a Visitor Information Centre)
25 years from 01/12/1997 until 30/11/2022 on a full repairing and insuring lease
