Office for sale in Grove House, Rossendale BB4

£595,000 (£67.86/sq. ft)
Office for sale 8,768 sq. ft*
Interested in this property? Call +44 161 937 5752 * or Request Details

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Property features

  • Multi Let Office / Industrial Investment
  • Currently producing a net annual rent of £45,500 pa
  • Total floor area 8,768 sq ft

Property description

Summary

A prominent commercial premises on the desirable Carrs Industrial Estate with direct frontage to the A56 bypass.



The property comprises two storey office accommodation and a single storey industrial unit. The offices have been refurbished to a good specification, the total net internal area of the offices equates to 5,681 sq. Ft. The industrial unit is a detached workshop/warehouse of steel portal frame construction with two separate bays served by two roller shutter loading doors.

The industrial unit is self-contained and benefits from a small yard which provides loading and parking facilities.

Lease Terms
The property is let by way of two separate Fri tenancies, as follows : Office 2 - 3,166 sq.ft let to iph Electrical Ltd on a 5 year lease from March 2017, net rent received £16,000 per annum (£5.05 psf). Unit 3- 3,087 sq.ft which is a self-contained industrial unit is let to Sofa Cycle Ltd on a 3 year lease from August 2018, net rent received £16,250 per annum (£5.26 psf.) Office 1 - 2,515 sq.ft is currently vacant, with the potential to achieve £16,500 per annum. The potential combined total rent is £48,750 per annum.
A full tenancy schedule is available on request.

Services
All of the properties have the benefit of all mains services, including 3 phase power in the industrial section.

Accommodation
Office 1 2,515 sq.ft
Office 2 -3,166 sq.ft
Unit 3 - 3,087 sq.ft
Total 8,768 sq.ft

Location

The premises are located immediately off the A56 Haslingden Bypass at the entrance to Carrs Industrial Estate. The property offers excellent access to all parts of East Lancashire and North Manchester, with both the M65 and M66 being within 5 minutes drive of the property.

Property info

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

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For more information about this property, please contact
Hurstwood Holdings, M3 on +44 161 937 5752 * (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 Hurstwood Holdings, and do not constitute property particulars. Please contact Hurstwood Holdings 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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