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Former Printers Arms, Union Road, Oswaldtwistle, BB5 0ED

Full Details

Price: Offers in the region of £129,950 are sought

Rental: £12,000 per annum for the whole building

Location

The property occupies an extremely prominent location with frontage to Union Road and Moscow Mill Street, in a built up retail, commercial and residential area. The building has easy access to Junction 7 of the M65 motorway and is immediately adjacent to the substantial and popular Oswaldtwistle Mills retail, office and conference centre.

Description

The property comprises a detached substantial former public house constructed of brick built walls, which have been rendered to the front and to one side, under a multi-pitched slate roof. The ground floor provides open plan retail/public house accommodation with bar, together with ancillary WC facilities and office. In addition there is access to the cellar. This area could be converted to a number of alternative uses, including retail, leisure, restaurant and residential, subject to planning. Accessed via a separate entrance and to the first floor is a large 3 bedroom self-contained flat with bathroom and kitchen facilities. It has gas fired central heating (not tested) and double glazed windows. This area requires some upgrading, but could provide spacious living accommodation. To the front is a small forecourt providing parking and to the rear additional parking for approximately 5 vehicles.

Accommodation

We have calculated the net internal area of the premises to be 2,691 sq.ft (250.138 sq.m) arranged as follows :

Ground Floor Bar Area 1,231 sq.ft (114 sq.m)
  Office 62 sq.ft (5.8 sq.m)
  Male / Female/Disabled WC facilities  
First Floor (accessed from seperate ground floor entrance) Hallway 161 sq.ft (14.99 sq.m)
  Lounge 546 sq.ft (50.75 sq.m)
  Bedroom 1 205 sq.ft (19.14 sq.m)
  Kitchen area 134 sq.ft (12.44 sq.m)
  Bedroom 2 169 sq.ft (15.67 sq.m)
  Bedroom 3 187 sq.ft (17.43 sq.m)
  Bathroom containing 3 piece suite  

Services

It is understood that all mains services (not tested) are available to the premises

Rating

The ground floor former public house has a current rateable value of £3,450. As the assessment is below the small business rates relief threshold of £12,000 in certain circumstances no rates will be payable. It is understood that the first floor flat is assessed under Council Tax Band A.

Lease Terms

The whole property is available by way of a new lease for a minimum period of 3 years on full repairing and insuring terms. The rent will be paid quarterly in advance and be exclusive of the costs of occupation, which would include business and water rates, council tax (applicable to the first floor) electricity and gas.

EPC

An EPC is available on request

VAT

VAT may be applicable to figures quoted in these particulars

Rent Deposit

A rent deposit of £3,000 is required in the event of a leasehold transaction.

Price

Offers in the region of £129,950 are sought

Rental

£12,000 per annum for the whole building

Availability

The property is available for immediate occupation

Legal Costs

In the event of a leasehold transaction the ingoing tenant will be responsible for the landlord's reasonable legal costs.

Planning

The property has planning consent for its established use as a public house with living accommodation above. It is understood that other uses would be considered appropriate, including retail, restaurant, leisure, residential etc, however interested parties are recommended to contact the local planning authority to discuss their proposed use in more detail

Viewing

Strictly through agents Taylor Weaver (Neil Weaver) 01254 699030