Industrial for sale in Arthur Street, Burnley BB11

£250,000 (£55.63/sq. ft)
Industrial for sale 4,494 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

  • Leasehold workshop/industrial premises extending to 4,500 sq ft (417 sq m)
  • Excellent location close to both Burnley Town Centre and junction 10 of the M65
  • Currently separated into two separate units
  • Conservatory and small yard to the side of the building
  • No VAT payable on purchase price
  • Part income producing investment
  • Unit 2 generating an all-inclusive rent of £8,400 per annum

Property description

Location


The property is located on Arthur Street which is off Westgate approximately quarter of a mile from junction 10 of the M65. Burnley Town Centre is also within walking distance of the property and other businesses in the immediate vicinity include Chorley Nissan, hss Hire and Kwik Fit Tyre Centre.


Description


A brick built workshop premises in a prominent location close to Burnley Town Centre and junction 10 of the M65 motorway. The property is separated into two self-contained units each with their own electrically operated roller shutter door.

The main property comprises of an open plan workshop together with offices, staff kitchen, toilets and a modern conservatory/showroom to the side. The second unit is mainly open plan with W.C. Facilities and sodium lighting.

Each unit has its own electrically operated roller shutter door with direct access onto Arthur Street and there is a small section of land to the right-hand side which has been used for external storage and to accommodate a skip for many years.

We understand the property only has one supply of services into the main building and the electricity is not sub-metered.


Accommodation


The accommodation has been measured on a gross
internal basis and extends to the following approximate areas:


Description


Main workshop - 1,868.8 sq ft - 173.6 sq m
Showroom - 193.6 sq ft - 17.9 sq m
Sales office - 137.8 sq ft - 12.8 sq m
Reception - 121.7 sq ft - 11.3 sq m
Kitchen - 109.8 sq ft - 10.2 sq m
Toilet block - 157.5 sq ft - 14.6 sq m
Workshop 2 - 1,905.1 sq ft - 177 sq m


Gia
- 4,494.3 sq ft - 417.4 sq m



Purchase price


£250,000.


Tenancy


Workshop two is occupied by Exploring Flooring Ltd by way of an informal agreement at an all-inclusive rent of £700 per calendar month. We understand there is not a formal tenancy in place however evidence of this income can be supplied by the vendor prior to completion.


VAT


We have been verbally informed the purchase price is not subject to VAT.


Tenure


We have been verbally informed that the site is leasehold for a term of 99 years from 2007 with an annual ground rent of £1,800 being payable to Burnley Borough Council. Whiteacres have not seen a copy of this documentation and a prospective purchaser must check and verify these details prior to making a legal commitment.


Business rates


We understand the combined rateable value for both units is £9,400.

The prospective occupier is likely to benefit from 100% discount with the government's Small Business Rates Relief Initiative and must contact Burnley Borough Council to confirm the full details.


Services


We understand the main workshop has the benefit of three phase electricity, mains water and gas. Workshop two has a supply of electricity and W.C. Facilities however these services are included in the rent and are not separately metered.


Services responsibility


It is the prospective occupier's responsibility to verify that all services & appliances are safe and in full working order being suitable for purpose and adequate for their needs.


Planning


It is the purchaser's responsibility to verify there their intended use is acceptable to the local planning authority.


Energy performance certificate


An EPC is available on request.

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
Whiteacres, BB11 on +44 1282 522991 * (local rate)

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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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