- FOR SALE
- Town Centre Retail Investment Opportunity
- 1,353 sq ft
- Prominent town centre location
The property is situated in the centre of Accrington in a good secondary retailing location surrounded by a number of local businesses, close to the Arndale Centre, market and Town Hall.
The property comprises a mid parade retail unit with large ground floor sales area and ancillary accommodation on the first and second floors and also at basement level. The ground floor is currently occupied by a carpet showroom with the business having been in occupation since 2007.
The accommodation is arranged as follows :
|Ground Floor||Sales Area||760 sq.ft|
|First Floor||473 sq.ft|
|Second Floor||120 sq.ft|
It is understood that all main services are available.
From the Valuation Office Agency website, as published on the internet, we are advised that the property is assessed, with effect from 1st April 2010 at rateable value £6,600. The Uniform Business Rate for the financial year 2016/17 is 48.4p From April 2017 the rateable value has been re-assessed to £5,300. As this figure is below the £12,000 threshold no rates will be payable
The tenant is currently holding over on a lease dated the 4th May 2007 on a full repairing basis, subject to a schedule of condition at a rent of £6,300 per annum, including building insurance of £300. It is understood that the tenant will enter into a new lease for a period of 2 years on the same terms.
An EPC is available upon request.
The property has been used for a number of years as a carpet showroom and that it has planning permission for A1 retail use.
Strictly through sole agents Taylor Weaver (Neil Weaver) 01254 699030