Commercial Property Chartered Surveyors and Valuers

Blackburn Office01254 699 030

Chorley Office01257 204 900

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Nab Lane, Blackburn, BB2 1LN

Full Details

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