The property is located on Church Street close to the Junction with Blackburn Road being close to the Town Hall and the inside and outside markets.
The property is positioned in a busy retail location opposite jd Wetherspoons and also close to Argos.
A substantial four storey stone built retail premises located in Accrington Town Centre.
The property is positioned close to the Town Hall, the markets and opposite a substantial jd Wetherspoons public house.
The property has traded as a ladies clothes shop and offers substantial open plan retail accommodation on the ground floor together with a changing room and a small kitchen to the rear. There is also a substantial basement with full head height providing additional storage. The first and second floors provide additional open plan storage accommodation but would readily convert to offices or living accommodation subject to obtaining the necessary planning consent.
The whole building has two sets of toilets and gas-fired central heating and is available for immediate occupation.
The accommodation has been measured on a gross internal basis (excluding toilets and corridors) and extends to the following approximate areas:
Ground floor - 799.4 sq ft - 74.3 sq m
Basement - 871.5 sq ft - 81.0 sq m
First floor - 845.6 sq ft - 78.6 sq m
Second floor - 785.1 sq ft - 73.0 sq m
Gia - 3,301.6 sq ft - 306.9 sq m
The whole property is available by way of a new lease for a term to be agreed at a total annual exclusive rent of £12,500.
We understand both the purchase price and rent in relation to this property are not subject to VAT.
The property will be sold on a new 850 year lease with a ground rent of £150 per annum.
We have been verbally informed that the rateable value for this property is £7,000.
The prospective tenant is likely to benefit from small business rates relief and must contact Hyndburn Borough Council to confirm the exact amount payable.
We understand the property has the benefit of gas-fired central heating and all mains services.
It is the prospective tenant’s responsibility to verify that all services and appliances are in working order and are of suitable purpose being adequate for their needs.
In addition to the rent and Business Rates the tenants are to be responsible for the buildings insurance and all services connected to the property including water rates.
It is the prospective tenant’s responsibility to verify that their intended use is acceptable to the local authority.
A copy of the relevant EPC is available on request.
The ingoing tenant is to be responsible for both parties’ reasonable legal costs.