Property Details: • Type: Commercial Development • Tenure: N/A • Floor Area: 2998 sqft
Key Features:
Location: • Nearest Station: Accrington Station • Distance to Station: 0.24087243468301667 miles
Agent Information: • Address: Capricorn Park, Blakewater Road, Blackburn, BB1 5QR
Full Description: <p><strong>The property is located close to the entrance of the Arndale Centre, with adjacent occupiers including Specsavers and Sports Direct. The Arndale Centre also provides large multistorey short-term car park.</strong><br />The property is within walking distance of Accrington Market Hall which is being upgraded with approximately £70million of inward investment via the Accrington Town Centre Investment Plan. The Market Hall is undertaking a major refurbishment and will be transformed into a new food, drink and leisure destination. <br />Modern two-storey retail premises providing a well-proportioned open plan sales area. <br />The ground floor is currently utilised as a coffee shop and seating area, with the first floor providing storage and staff facilities. <br />To the rear of the property is a communal yard area for refuse. <br /><br />LEASE TERMS<br />The property is currently occupied by way of a five-year lease from 10th September 2021 at a passing rental of £22,500pa.<br />The lease is on full repairing and insuring terms. Costa had a break clause in 2024 which was not triggered. The rent was rebased on renewal in 2021 from £45,000pa.<br />A copy of the lease is available upon request. <br /><br /></p>
