Bank Street, Rossendale (district Of), Lancashire, BB4

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

Key Features: • Rawtenstall is a historic market town in the Rossendale Valley • Excellent road access to A56 and A682, linking M66 and M65 motorways • Population of approximately 23,000 • Rawtenstall boasts a mix of local and national retailers • Grade II listed building • Subject property occupies a prominent corner pitch on Bank Street • Arranged over 4 floors • Long leasehold of 999 years available • OIRO £260,000 • RV £20,500

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

Agent Information: • Address: Blackfriars House, St Mary's Parsonage, Manchester, M3 2JA

Full Description: Location & Description: Rawtenstall is a historic market town situated in the Rossendale Valley, approximately 17 miles north of Manchester and 9 miles south of Burnley. The town benefits from excellent road access via the A56 and A682, linking directly to the M66 and M65 motorways.

The town centre features a mix of local retailers, national chains, and hospitality venues, centred around Bank Street and the revitalized Rawtenstall Market. The nearby New Hall Hey Retail Park houses larger format stores and adds to the town's commercial appeal.

With a population of approximately 23,000, Rawtenstall has undergone significant regeneration and is well regarded for its blend of traditional character and modern investment appeal, supported by surrounding countryside and a growing commuter population.

This Grade II listed property occupies a prominent corner pitch on Bank Street, in the heart of the town centre and opposite the town square and Rawtenstall market. Nearby retailers include Ladbrokes, Betfred, Santander, Boots and A'Vucciria.

Demise: Ground Floor Sales 1,698 sq ft (157.75 sq m) Basement 878 sq ft (81.57 sq m) First Floor 950 sq ft (88.26 sq m) Second Floor 796 sq ft (73.95 sq m)

Price: Offers in the region of £260,000.

Tenure: The property is held on a long leasehold for 999 years from 1 May 1863 at an annual rent of Twenty Five Pounds and Ten Shillings.

VAT: We have been informed by our client that the property is not elected for VAT. Buyer is to make their own investigation.

EPC: Available upon request.

Legal and Professional Fees: Each party to bear their own costs.

Rating Assessment: Rateable Value (April 2023) - £20,500.

In accordance with the current Anti-Money Laundering (AML) Regulations, the purchaser/occupier will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction.