Commercial property for sale in Clitheroe

This property is marketed by:
Taylor Weaver

Key Features:

• Town centre location
• Currently producing £46,450 per annum
• Estimated rental value of £68,000 per annum
• Large car park
• Asset management opportunities

Location

The premises are located on the edge of Clitheroe town centre on the junction of Taylor Street and Shawbridge Court in a mixed residential and commercial area.

Description

The site comprises of a fully refurbished two-storey former mill building which is currently used as office accommodation, a small detached brick built beautician's and a single storey detached retail/workshop unit with a large car park towards the rear.

The mill is of stone construction underneath a pitched slate roof which has been tastefully converted to accommodate 4 separate tenants, with the ground floor used as office accommodation and the first floor an open plan fitness studio.

Also located on the ground floor of the mill is a well maintained ladies only gym.

Internally the main building benefits from raised access floors, painted stone faced walls, LED lighting, perimeter trunking and electric heating with each tenant having their own w/c and kitchen facilities within their demise.

Externally there is a large car park towards the rear for occupiers of the site.

Accommodation

We have measured the property on a net internal area as follows:

Unit 1 1,403 sq.ft

Unit 2  696 sq.ft

Unit 3  1,883 sq.ft

Unit 4  439 sq.ft

Unit 5(detached beauticians) 425 sq.ft

Unit 6 (retail/workshop unit) 1,550 sq.ft

Total 6,396 sq.ft

Price

Offers in excess of £650,000, (no VAT).

Tenure

Freehold.

Lease Terms

• Unit 1 is let to Site Surveying Services producing £14,400 per annum. Lease expires 31st July 2026
• Unit 2 is let to Ribble Valley Chiropractic producing £7,000 per annum. Lease expires 31st January 2025
• Unit 3 let to The Aerial Lounge producing £6,000 per annum. Lease expires 30th June 2024
• Unit 4 let to Enjoy Wellness producing £5,250 per annum. Lease expires 13th December 2025
• Unit 5 let to Poppy & Co producing £5,500 per annum. Lease expires 31st December 2023
• Unit 6 let to Bowland Bikes producing £10,100 per annum. Lease expires 10th May 2025.

Full details of the leases are available upon request.

Service Charge

Each tenant pays a contribution towards the service charge and building insurance which is paid in addition to the rental figures provided within these details. Further details available on request.

Rating

Each unit is separately accessed, further details available upon request.

EPC

An EPC is available on request

Legal Costs

Each party to be responsible for their own legal costs.

Services

All mains services are connected to the property with the units individually metered with the tenants responsible for these costs.