Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Prominent four storey premises comprising tenanted ground floor retail unit and self contained 3 bedroom apartment to the upper floors. • Excellent investment opportunity currently generating a rental income of £23,940 per annum. • Superb town centre location close by to the Pioneer Place Reel Cinema and Leisure Development. Nearby occupiers including Nando's, Next and Primark.

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Petty Commercial, Old Red Lion, 2, Manchester Road, Burnley, BB11 1HH

Full Description: An imposing, stone built four storey building occupying a prime position in the heart of the town centre.The ground floor features a self contained retail unit comprising an open plan sales area with WC facilities, and additional storage space in the basement. The unit is currently let to an independent retailer by way of a 7 year lease which commenced on 30th June 2025. The current passing rent is £9,540 per annum and the lease incorporates rent reviews on the 3rd and 6th anniversary. Accessed independently from the rear, the upper floors comprise a well-appointed three bedroom apartment. Arranged over two levels, the apartment includes a living room, kitchen, and bedroom on the first floor, with two bedrooms, one with an en suite and a family bathroom on the second. The apartment is currently let under an Assured Shorthold Tenancy Agreement, producing a passing rent of £14,400 per annum inclusive of utilities.The property is situated in a highly prominent corner position at the junction of Standish Street and Bankfield Street, a well-trafficked area benefiting from substantial footfall.Ideally located just a short distance from Charter Walk Shopping Centre, it also lies in close proximity to the new £20 million Pioneer Place Cinema and Leisure Complex. Notable nearby occupiers include Nando's, Next, and Primark, enhancing the area's strong retail and leisure offering.Ground FloorFront Sales 29.6 sq.m 318.6 sq.ftRear Sales 23.4 sq.m 252.2 sq.ftBasement Storage 39.33 sq.m 423.3 sq.ft First Floor Lounge, kitchen, bedroom 39.34 sq.m 423.5 sq.ft Second Floor 2 bedrooms, en suite, family bathroom 37.97 sq.m 408.7 sq.ft GIA: 169.64 sq.m 1,826.3 sq.ftThe property has the benefit of all mains services including gas fired central heating to the apartment. It is the prospective Purchaser's responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.It is the prospective Purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.£190,000Each party is to be responsible for their own legal costs.Prominent four storey premises comprising tenanted ground floor retail unit and self contained 3 bedroom apartment to the upper floors. Excellent investment opportunity currently generating a rental income of £23,940 per annum. Superb town centre location close by to the Pioneer Place Reel Cinema and Leisure Development. Nearby occupiers including Nando's, Next and Primark.