Commercial Property Chartered Surveyors and Valuers

Blackburn Office01254 699 030

Chorley Office01257 204 900

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The LD Centre (Site), Hutton Street, Blackburn, BB1 3BT

Full Details

Price: Offers in excess of £2.1m are sought for our client's freehold interest.

Location

The property is situated on the popular and established Furthergate Business Park, whose occupiers include Graham & Brown, Training 2000, a Tesco Supermarket and Heena Fashions. The premises has easy access to Junction 6 of the M65 motorway and Blackburn town centre.

Description

The property comprises a high quality multi bay refurbished industrial/workshop premises with offices. The premises has the benefit of an eaves height from 4 to 5m rising to the apex, refurbished roof, new floor, ample loading and parking, together with high quality office and amenity facilities.

Accommodation

We have calculated the gross internal area of the premises to be as follows :

Ground Floor Offices 5,694 sq.ft
  Main Workshop 42,232 sq.ft
  Workshop (ETA) 10,796 sq.ft
  Warehouse 8,484 sq.ft
  G & B Factory Shop 4,697 sq.ft
First Floor Offices 3,871 sq.ft
Total   75,774 sq.ft

In addition there are additional offices previously occupied by Campbell Driver Architects, which are currently vacant. We have not inspected this area.

Services

All mains services are provided to the premises, including 3 phase power.

Rating

The rateable value for the whole site is £169,000. Discussions have started with the Local Authority to sub-divide the property to provide individual rateable values for each part as outlined above.

VAT

VAT is payable at the prevailing rate

EPC

An EPC is available on request

Tenancy Details

The property will be subject to the following leases : Workshop (ETA Solutions Limited) - Let on the basis of a lease from 1st January 2017 for a period of 3 years at a rent of £31,800 pa. The lease is held on full repairing and insuring terms. The tenant is responsible for the usual occupiers costs including utility costs. The tenant is also responsible for business rates, however we understand that the Landlord pays for the whole site and recovers a proportion of the cost for this part of the building from the occupier. Factory shop - this will be let from completion to Graham & Brown for a period of 5 years on full repairing and insuring terms at a rent of £15,000 pa. Full details concerning the leases are available on request

Tenure

Understood to be freehold

Price

Offers in excess of £2.1m are sought for our client's freehold interest.

Planning

The property has been used as a manufacturing and warehouse facility with ancillary offices for a number of years under Classes B1, B2 and B8 of the Town and Country Planning. It is recommended that interested parties contact the Local Planning Authority, Blackburn with Darwen Borough Council, to discuss their proposed use in greater detail.

Viewing

Strictly through joint agents Taylor Weaver (Neil Weaver) 01254 699030 or Trevor Dawson (Jason Rawson) 01254 681133