Commercial Property Chartered Surveyors and Valuers

Blackburn Office01254 699 030

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Pickup Street, Fort Street Industrial Estate, Blackburn, BB1 5DW

Full Details

Price: Offers in excess of £300,000 are sought for our clients long leasehold interest.

Rental: £27,000 per annum.

Location

The property is situated on the established Fort Street Industrial Estate approximately half a mile from Blackburn town centre. The property is also well located for access to Junction 6 of the M65 motorway which is approximately one and a half miles away. It is surrounded by a number of industrial business and trade counter operators.

Description

The property comprises a modern detached industrial/workshop/warehouse unit with offices extending to 6,742 sq.ft. It is of twin bay steel portal frame construction with brickwork walls to a height of around 7 feet with cladding above and an insulated corrugated roof incorporating translucent roof panels. The accommodation has been refurbished to include internal and external redecoration, re-cladding to the walls, provision of new car parking and loading areas and refurbishment to the offices. Internally the property has an eaves height of around 13' 9" rising to the apex and incorporates 2-storey offices incorporating offices, WC facilities and canteen. The accommodation has the benefit of sodium bulb lighting and the workshop is served by two roller shutter doors. Externally there are ample parking and loading areas.

Accommodation

The accommodation is arranged as follows :-

.

 

Bay 1 Ground Floor Workshop  

3,548 sq.ft

329.74 sq.m

    Offices

444 sq.ft

41.26 sq.m

  First Floor Offices

444 sq.ft

41.26 sq.m

Bay 2 Ground Floor Workshop

1,608 sq.ft

149.44 sq.m

    Offices & amenity

349 sq.ft

32.44 sq.m

  First Floor Offices

349 sq.ft

32.44 sq.m

Total    

6,742 sq.ft

627.51 sq.m

Services

It is understood that all mains services are available to the premises including 3 phase power, gas, sewerage and water mains.

Rating

We understand that the Rateable Value is £16,250 with rates payable in the region of £8,000

Lease Terms

The property is available by way of a new lease on full repairing and insuring terms for a period of 5 years. The rent is payable monthly in advance and is exclusive of the costs of occupation, which include business and water rates, electricity and gas.

Rent Deposit

In respect of a leasehold transaction the ingoing tenant will be required to pay a rent deposit of £5,000.

Permitted Uses

Uses such as general engineers and manufacturers, warehousing and trade counter sale with ancillary office accommodation are permitted. Retail, garage and motor vehicle uses will not be permitted

EPC

An EPC is available upon request

VAT

VAT may be applicable

Tenure

The property is held on a ground lease for a period of 125 years from 28th February 2007 at a current rent of £6,720 per annum. The lease incorporates regular reviews every 7 years with the next review in 2021. Full details on request

Price

Offers in excess of £300,000 are sought for our clients long leasehold interest.

Rental

£27,000 per annum.

Legal Costs

The ingoing tenant will be responsible for the landlord's reasonable legal costs, including any VAT.

Planning

It is understood that the premises have planning consent for B1, B2 and B8 use, although interested parties are recommended to contact the local Planning Authority to discuss the matter in greater detail.

Viewing

Strictly through retained agents Taylor Weaver (Neil Weaver) 01254 699030