- FOR SALE (MAY LET)
- Substantial Ground Floor Retail Property
- 6500 sq.ft
- Suitable for retail, leisure or restaurant use
- Close to Town Centre, College & King Georges Hall
- Next to Reel Cinemas entertainment complex
Price: Offers in the region of £600,000
Rental: Rental offers of £50,000 per annum are sought
Location
The property is situated on the edge of Blackburn Town Centre adjacent to the brand new Reel Cinemas entertainment complex within the main nightime area of Blackburn featuring pubs and restaurants and within walking distance of King Georges Hall concert venue. Blackburn College (the home to in excess of 15,000 students) is adjacent to the property and a recently opened multi storey complex with parking for 500 vehicles is situated directly above.
Description
The property provides a substantial ground floor retail unit extending to approximately 6500 sq.ft. It is positioned with significant frontage to Nab Lane a pedestrianised area linking Blackburn College with King Georges Hall, Reel Cinemas and The Mall shopping centre. The property provides high quality retail space with ancillary storage and office space and is located below the Feilden Street multi story car park which provides parking for over 500 vehicles.
Accommodation
Based on the VOA website we understand that the building extends to 6,500 sq.ft
Services
It is understood that all mains services are available to the property
Rating
The property has a rateable value of £55,500 with rates payable in the region of £27,750
Lease Terms
Consideration will be given to a minimum 5 year lease on effective full repairing terms
EPC
An EPC is available on request
Building Insurance
It is understood that the building insurance premium is £600 per annum.
Blackburn Bid
Blackburn Bid is funded by over 350 businesses to promote the Town and make it a safer & more attractive place to visit, work or live. It is understood that the contribution paid by the current occupier is approximately £700 per annum.
VAT
Vat is applicable to figures quoted in these particulars.
Tenure
Long leasehold for a period of 200 years from 2008 subject to a nominal ground rent
Price
Offers in the region of £600,000
Rental
Rental offers of £50,000 per annum are sought
Planning
The property is currently the home of a nationally known retailer with the majority of the space used for retail with ancillary office and storage purposes Interested parties are recommended to contact Blackburn with Darwen Councils planning department to discuss their proposed use in greater detail.
Viewing
Via sole Agents Taylor Weaver Limited (Neil Weaver) 01254 699030 neil@taylorweaver.co.uk