Eddisons auction next week

Two Blackpool hotels are among the lots on offer at the next Eddisons auction in Manchester on Tuesday 21 May.

The former Windsor & Westmorland Hotel on Queens Promenade offers 32 bedrooms and sea views. The guide price is £145,000 plus.

Meanwhile, the Shanklin, a 10-bedroom guest house in Vance Road, close to Blackpool Tower, is available with vacant possession or with existing management in place, at a guide of £90,000 plus.

Other lots include two major residential investments in Liverpool. A six-bedroom student house in Salisbury Road, Wavertree, generating £23,400 a year, is guided at £140,000 plus, a potential return of 16.7%.

Elsewhere, two tenanted semi-detached houses on Upper Hampton Street, close to Liverpool city centre and the universities, has a guide of £170,000 plus. Markden Mews generates annual income of £20,400, a potential return of 12%.

In the Worsley area of Manchester a vacant parcel of land with lapsed planning consent for 28 apartments, is guided at between £140,000 and £150,000.

In Sale, a partly tenanted mixed commercial and residential opportunity which has the potential to generate income of £31,520 when fully let has a guide price of £240,000.

In total Eddisons is offering 27 lots at the sale at the Premier Inn, Trafford Park, starting at 12.30pm. Guide prices for residential stock start from £15,000.

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