- Town Centre Retail & Office Investment/Development Opportunity
- Prominent location close to The Mall shopping centre
- Popular pedestrianised retailing street
The property is situated in a prominent position on the corner of Northgate and Lord Street West, in a pedestrianised part of Blackburn town centre.
Occupiers nearby include The Mall shopping centre, King Georges Hall & Blackburn Town Hall.
Public car parking is available in Blackburn Shopping Centre and a multi storey car park situated adjacent to Blackburn College.
The property comprises a substantial three storey corner premises of brickwork construction under a pitched slate roof.
It provides good quality retail and office space.
The property is subject to the following tenancies
|Retail||GF||Northgate News||£8,000 pa (Holding Over)|
|Retail||GF||Dark Secrets||£5,200 pa (Holding Over)|
The estimated rental value is £40,400 per annum.
To be confirmed but understood to be freehold
The leases are held on effective Full Repairing leases. Full details on request.
Each part of the premises is separately assessed for rating purposes. Further details on request.
An EPC is available on request
The property has been elected for VAT purposes and it is assumed that the transaction will be dealt with as a TOGC.
All mains services, with the exception of gas 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 proof of address of the prospective purchaser
Strictly through agents