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Freehold Investment 5 Storey Retail Premises With 3 Bed Apartment In Blackburn, Lancs for Sale

Blackburn, Lancashire


3 bedroom

Leasehold : 16,500
Freehold : 187,500
Turnover : 1,000 p.w.
Gross Profit : 55%

TOWN CENTRE

Urban Locks Business Brokers in Manchester are delighted to introduce to the market these stunning five storey commercial premises with spacious 3 bed apartment in Blackburn, Lancashire. May consider long lease. Vacant Possession, fantastic investment opportunity.

FREEHOLD 187,500 MAY LEASE

www.urbanlocks.co.uk

Higher Church Street, Blackburn, Lancashire, BB2 1JG


THE AREA
Blackburn is a large town in Lancashire that lies to the north of the West Pennine moors on the edge of the Ribble Valley.
The premises are ideally situated on a busy main road within the town centre of Blackburn, surrounded by a host of retailers, corporate multiples and office based businesses.
With a densely populated residential area surrounding the town centre, these premises benefit from a steady passing trade as well a fantastic, local customer base.

THE PROPERTY
This stunning, refurbished property, enjoys a prominent position at the heart of Blackburn Town Centre.
Consisting of five floors, there is a spacious, fully utilised basement, ground floor retail area, and a spacious 3 bedroom flat set over three floors above, with internal and external entrance.
The property was refurbished in 2004/5 and remains to a high standard throughout, with Upvc Double glazed windows and gas central heating throughout.

THE BASEMENT
The spacious, fully utilised basement consists of two rooms and a separate w/c.
We have been advised that it has been fully tanked and insulated, as well as being sound proofed. This was going to be used as a recording studio, so offers fantastic potential for this, as well as musical instrument classes etc.
The basement is fully carpeted, and gas central heated with an exit door leading to the rear yard and stairs up to the ground floor retail area.

GROUND FLOOR RETAIL 25' 7'' x 16' 5'' (7.8m x 5m)
Formerly a vinyl and music memorabilia business, the bright and airy, open plan ground floor retail area enjoys a 'floor to ceiling' display window looking out onto the town centre.
With a range of display shelving and racking, there is a counter and till point to the rear with stairs leading up to the flat and down to the basement.

FIRST FLOOR

LIVING ROOM 16' 5'' x 13' 1'' (5m x 4m)
This spacious, modern living room is open plan to the kitchen area and has two double glazed windows to the front. There is laminate flooring, spotlighting, double radiator and glass fronted feature fire.

KITCHEN AREA 12' 2'' x 9' 10'' (3.7m x 3m)
This modern fitted kitchen is open plan from the living room.
Consisting of a range of shaker style wall and base units, there is a fitted hob, oven and extractor. There is a double glazed window to the rear, laminate flooring, spotlights and double radiator.

1ST FLOOR LANDING
The landing area has the external door leading to the rear yard, and also offers access to the stairs to all floors.

SECOND FLOOR

BEDROOM 1 16' 1'' (into recess) x 12' 10'' (4.9m x 3.9m)
Spacious Master Bedroom with two double glazed windows to the front and double radiator.

BATHROOM 12' 6'' x 8' 10'' (3.8m x 2.7m)
This stunning, modern, four piece bathroom offers a Jacuzzi Bath, double walk in shower Low level w/c and pedestal wash basin.
There is a double radiator and heated, chrome towel rail.
With tiled flooring and spot lights to ceiling and floor, there is a double glazed window to the rear.

THIRD FLOOR
The third floor has two bedrooms and airing cupboard housing the Gas Central heating Boiler

BEDROOM 2 12' 10'' x 12' 6'' (3.9m x 3.8m)
Bedroom 2 has a double glazed window to the front, double radiator and spotlights to the ceiling.

BEDROOM 3 12' 2'' x 8' 10'' (3.7m x 2.7m)
Bedroom 3 has a double glazed window to the rear, double radiator and loft access point.

LEASEHOLD & FREEHOLD OPTIONS
The vendors preference is to sell the building but may consider leasing on a long lease at a figure of 15,000 p/a.
This is a fantastic investment opportunity for a buy to let land lord

Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.

Whilst these particulars are believed to be correct their accuracy is not guaranteed and they do not form any part of any offer or contract.

* Viewing strictly by appointment with Urban Locks *
Request further information on this business for sale


Trading Hours: 10AM-5PM TUESDAY - SATURDAY
 
Staffing: JUST THE OWNER
 
Accommodation: 3 BED OVER 3 FLOORS
 
Tenure: NEW LEASE AVAILABLE WITH OR WITHOUT LIVING ACCOMODATION
 
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192 Advert ID 43988    Sellers Ref : 0142/BSOL

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