The Kings Arms, 144 Bawdlands, Clitheroe, BB7 2LA

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

Key Features: • Fully let producing £55,000 p.a. • Let to two tenants with secure lease terms • Copies of the leases available on request • Available immediately • Price - offers over £680,000

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

Agent Information: • Address: Unit 17, Trident Park, Trident Way, BB1 3NU

Full Description: LocationThe premises are prominently situated on Bawdlands, on the edge of Clitheroe town centre, occupying a highly visible roadside position. The property is located immediately adjacent to the Ford dealership, within a well-established mixed-use area comprising both residential and commercial occupiers. This strategic location offers excellent exposure and accessibility, making it ideal for a range of business uses.DescriptionThis exceptional property was fully renovated in 2022/2023 to an outstanding standard, resulting in a versatile, high-specification space comprising a self-contained bar/restaurant on the ground floor and premium office accommodation on the first floor. Each element of the building benefits from its own independent access and is let separately.The comprehensive refurbishment included the installation of a new roof, a modern heating system, double-glazed sash windows, and newly rendered and painted external walls. The finish throughout the property is of an exceptionally high quality, combining contemporary design with functionality.Ground Floor - Restaurant/BarThe ground floor features an open-plan layout, offering a stylish and welcoming bar/restaurant environment. Original stone slab flooring has been carefully restored, complemented by recessed spotlighting and a clean, modern aesthetic. To the rear, the space includes customer WCs, a fully equipped commercial kitchen, and dedicated storage areas.First Floor - Office AccommodationAccessed independently via the rear car park, the first-floor offices comprise a large open-plan workspace and three additional private offices. The suite is enhanced by features such as gas central heating, a wood-burning stove, raised access flooring, high-quality kitchen facilities, and modern WCs.Further InformationA full specification and additional details are available upon request.Accommodation TextWe have measured the property on a net internal area basis as follows:Ground Floor (Restaurant) - 1,870 sq. ft. / 174 sq. m.First Floor Offices - 1,480 sq. ft. / 138 sq. m.Total - 3,350 sq. ft. / 312 sq. m.ServicesAll mains services are connected to the property.EPCThe property has an EPC rating of 'B'. Copy of the certificate available on request.Lease TermsThe ground floor is leased to the Thai Restaurant (in personal names) on a 10 year lease from 19th August 2022 at a passing rent of £30,000 p.a. There is a tenant break option on the 5th anniversary of lease commencement, upward only rent reviews every 2.5 years of the term. Copy of the lease available on request.The first floor offices will be offered with a new 3 year lease at an annual rent of £25,000 per annum. Further details available on request.Legal CostsEach party to be responsible for their own legal costs involved in the transaction.Viewing DetailStrictly through agentsTaylor Weaver(James Taylor) Bullet Point 1Fully let producing £55,000 p.a.Bullet Point 2Let to two tenants with secure lease termsBullet Point 3Copies of the leases available on requestBullet Point 4Available immediatelyBullet Point 5Price - offers over £680,000