Property Type: Blackpool retail shop with flat above
Reason for selling at auction: Inherited
Guide Price £20,000
Sold Price £52,000
History of This Auctioned Retailed Shop in Blackpool
The seller inherited the property and became an accidental Landlord. There was a small rental income for the shop, and a problem tenant to the flat above. The property needed significant work, and if the tenant had moved out the situation would have been worse.
Sell By Auction advised that the property was suitable for a London property auction, and obtained a full page free upgrade.
The property had been valued locally at £25,000, but we were confident that we would get the client more.
On the day there were multiple bids with the property selling for £52,000, along with a completion just 14 days later.
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We’ve been providing great sales results for all types of properties throughout UK, whether you want to auction a house, flat, retail shop or other type of properties regardless of the condition they are in, our experience and network can assist you to sell it quicker and for better prices. When looking to sell at auction in Blackpool contact us today or use our Request a Call back form below
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