Property Details: • Type: 2,368 sq ft • Tenure: N/A • Floor Area: N/A
Key Features: • Mixed-Use Development Opportunity • Deceptively Spacious Premises; 2 Floors, Basement & Spacious Attic • Fronting Busy Main Road of Accrington Town Centre • GIA Total Floor Area 2,368 sq. ft. (220 sq. m) • Asset Management Potential • Convenient Access to M65 • Externally, the premises benefit from a spacious rear yard and access point • Ideal for Owner Occupier
Location: • Nearest Station: Accrington Station • Distance to Station: 0.3 miles
Agent Information: • Address: Prospect House Featherstall Road South Oldham OL9 6HT
Full Description: Description: Deceptively spacious mixed-use terrace retail property comprising a retail unit on the ground floor, accommodation on the first floor, and a generous-sized basement and attic. The property requires refurbishment - great asset management potential - currently occupied by a record shop on below market rent and conveniently located close to Accrington Town Centre with access to the M65. Ground Floor: Main retail area, W.C. GIA Total Floor Area 431 sq. ft (40 sq. m).
First Floor: GIA Total Floor Area 1,055 sq. ft. (98) sq. m.) The first floor comprises a dining kitchen, living room, 2 x bedrooms, and bathroom.
Outside: Externally, the premises benefit from a spacious rear yard and access point.
Location: Accrington Town lies about 4 miles east of Blackburn, 6 miles west of Burnley, 13 miles east of Preston, 20 miles north of Manchester, and situated on the culverted River Hyndburn. The property is in the town centre, close to the Arndale Shopping Centre and Accrington bus station.
Tenancy Details: The property is currently let on a below-market rent at £4,680 per annum.
Tenure: Leasehold - 999 years from July 1838 at a nominal ground rent.
Purchase Price: Offers in excess of £85,000.
Rateable Value: The 2023 Rateable Value has been assessed at £7,100. We advise any interested parties to make their own enquiries.
Services - All mains services available to the property. Electricity, gas, water and drainage.
Legal Fees - The purchaser will be responsible for the vendors legal expenses, please call to discuss.
Anti-Money Laundering - In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
