Retail premises for sale in Church Street, Accrington BB5

£129,950 (£39.37/sq. ft)
Retail premises for sale 3,301 sq. ft*
Interested in this property? Call +44 1282 522991 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Attractive four storey stone-built retail property
  • Town Centre location close to the market and Accrington Town Hall
  • Substantial building with four floors ideal for redevelopment
  • Well-presented accommodation with gas-central heating
  • Available for immediate occupation

Property description

Location


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.


Description


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.


Accommodation


The accommodation has been measured on a gross internal basis (excluding toilets and corridors) and extends to the following approximate areas:


Description


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



Purchase price


£129,950


Rental terms


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.


VAT


We understand both the purchase price and rent in relation to this property are not subject to VAT.


Tenure


The property will be sold on a new 850 year lease with a ground rent of £150 per annum.


Business rates


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.


Services


We understand the property has the benefit of gas-fired central heating and all mains services.


Services responsibility


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.


Outgoings


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.


Planning


It is the prospective tenant’s responsibility to verify that their intended use is acceptable to the local authority.


EPC


A copy of the relevant EPC is available on request.


Legal costs


The ingoing tenant is to be responsible for both parties’ reasonable legal costs.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Whiteacres, BB11 on +44 1282 522991 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Whiteacres, and do not constitute property particulars. Please contact Whiteacres for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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