Pentridge Mill is located off Todmorden Road close to Townley Park, being approximately half a mile from Burnley Town Centre.
Other businesses in the immediate vicinity include a new Aldi Supermarket and James Hargreaves Plumbers Merchants.
The mill is located in a predominantly residential location and is within a 10 minute drive of junction 10 of the M65 motorway.
A semi-detached four storey stone-built mill in a predominantly residential location close to Townley Park on the edge of Burnley Town Centre.
The mill has its accommodation arranged over four floors and is in need of significant improvement works. The property is of stone construction with a flat roof and a service yard providing loading and car parking.
The ground floor accommodation is split into two units one of which is accessed via two electric roller shutter doors whilst the other unit is accessed via a large timber door. Access to the upper floors is via a stone staircase which is located at the side of the building.
The building is currently occupied by a number of tenants and we have been informed generates a rent in the region of £42,000 per annum however this information has been supplied verbally by the vendor and has not been checked & verified by the selling agents.
The total site area including buildings and yard extend to approximately 0.58 acres and there is a mill chimney which we understand to be Grade II listed.
The accommodation has been measured on a gross internal basis and extends to the following approximate areas:
Ground floor - 8,276.6 sq ft - 768.9 sq m
First floor - 8,276.6 sq ft - 768.9 sq m
Second Floor - 8,276.6 sq ft - 768.9 sq m
Third floor - 8,276.6 sq ft - 768.9 sq m
Single storey workshop (not inspected or measured)
Gia - 33,106.4 sq ft - 3,075.6 sq m
There is a service yard providing off road car parking and loading.
Offers in the region of £495,000.
The price quoted is exclusive of VAT which may be payable at the prevailing rate.
Understood to be freehold however this must be checked & verified by the purchasers prior to making any legal commitment.
The building is occupied by a number of tenants and we have been verbally informed generates a rent of approximately £42,000 per annum, however this information has not been checked or verified by the selling agents. The prospective purchaser and their solicitors must obtain evidence of this income from the vendor's solicitor prior to making a legal commitment.
We understand the landlord maintains and insures the building and these costs are not recharged to the tenants.
The site comprises of seven self-contained sections with a total combined rateable value of £28,412, a breakdown of each part can be provided on request.
Prospective purchasers must contact Burnley Borough Council to confirm their business rates liability prior to making any legal commitment.
We understand the site has the benefit of three phase electricity, and water.
It is the prospective purchaser's responsibility to verify that all services and appliances are in working order and are of suitable purpose being adequate for their needs.
It is the prospective purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.
Each party will be responsible for their own legal costs incurred in any transaction.
For further information or to arrange a viewing please contact sole agents Whiteacres Property.