Property Details: • Type: Warehouse • Tenure: N/A • Floor Area: N/A
Key Features: • Gross Income: £110,754 per annum • Potential Gross Rent: £119,120 per annum • Majority of tenants in occupation for a number of years • Two vacant units – possibility of increased income • Town centre location • 44,000 sq ft • Freehold • Close To Barnoldswick & Skipton • To Arrange a Viewing Please Contact Farrar & Forbes • The property benefits from all mains services
Location: • Nearest Station: Colne Station • Distance to Station: 4.4 miles
Agent Information: • Address: Covering Colne
Full Description: LOCATION:Victoria Mill is situated within Earby town centre, just off Colne Road (A56) and New Road. Colne Road is the main arterial route leading from Colne into North Yorkshire and to the towns of Skipton and Ilkley. It is also within 5 miles of junction 14 of the M65. Located on the edge of the town centre, the property is within walking distance of a supermarket, a pharmacy along with a wide range of local retail outlets.DESCRIPTION:The property is a former North Light cotton weaving mill that was built in approximately 1890. Being of NorthLight construction, there are supporting cast iron stanchions within the accommodation and much of thetraditional glazing has been replaced with composite glazed panels. Externally, the walls are stone faced.The property has been divided into 12 units of varying sizes and the building occupies 100 percent of the site.Recently, the small brook to the rear of the property, referred to as New Cut, has been subject to flood workimprovements, as has the building.TENANCY SCHEDULE:A tenancy schedule at 1st November 2024 is attached.The majority of the tenants have been in for many years and are on monthly rolling tenancies with rentalincreases every three years based on RPI.Current Gross Income: £110,754 per annumPotential Gross Income: £119,120 per annumFLOOR AREA:The property has an internal floor area of 44,000 sq ft (4,087.6 sq m).Externally, but not included in the sale, there is a public car park oppositeSERVICES:The property benefits from all mains services and there is an electric substation. The gymnasium has itsown gas supply. The units are sub-metered for electricity. There is a fire alarm within part of the building.SERVICES RESPONSIBILITY:It is the purchaser’s responsibility to verify that all services and systems are in working order, are ofadequate capacity and suitable.LEGAL COSTS: Each party is responsible for their own legal costs.VAT: All prices quoted are exclusiveBrochuresBoot Street, Earby, BarnoldswickBrochureEnergy Performance CertificatesEE Rating
