Retail premises for sale in Blackburn

This property is marketed by:
Taylor Weaver

Key Features

• Town centre retail premises with self contained first floor flat
• Prominent location
• Ideal investment opportunity
• Popular market town

Location

The property is situated on Queen Street in the centre of Great Harwood which is a small market town situated approximately 4 miles from Blackburn and 5 miles from Accrington.

There are a number of retailers in the vicinity including Tesco, Aldi, Morrisons and Boots.

Description

The property comprises a ground floor retail unit with a self contained first floor flat.

It is constructed of stone built walls which have been rendered to the side and rear, under a pitched slate roof.

The ground floor provides retail space with a w/c to the rear.

Access to the first floor flat is via a steel staircase at the rear of the property. It provides good quality living accommodation with lounge/kitchen, bedroom and bathroom.

Public parking is available on this side of the premises.

Accommodation

The property provides the following areas:

Ground Floor

Retail - 275 sq.ft

First Floor

One Bed Flat - 294 sq.ft

Total - 569 sq.ft

Price

Offers in excess of £90,000

Tenure

To be confirmed but understood to be freehold.

Rating

The ground floor shop has a rateable value of £2,800, suggesting that eligible businesses may be able to claim small business rates, rates relief.

The residential property is rated at Council Tax band A.

EPC

An EPC will be made available upon request.

VAT

To be confirmed.

Services

It is understood that all mains services are available to the premises.

Money Laundering Regulations

Please note we are now required to carry out customer due-diligence on all purchasers once an offer is accepted whereby we are required to obtain proof of identity and address of the prospective purchaser.

Tenancy Information

The ground floor retail accommodation is currently let with the tenant holding over and paying a rent of £2,500 per annum. It is anticipated that the market rent for this property will be in the region of £4,500 per annum.

The first floor flat is currently let by way of an assured short hold tenancy agreement at a rent of £3,120 per annum.

Further details are available on request.