- Prominently Located Edge of Town Centre Retail Property
- Established trade counter and retail area
- Competitively priced
- Suitable for a number of alternative uses
Location
The property is located in an established trade counter/retail area with prominent frontage to King Street (A674) approximately 0.5 miles from Blackburn town centre.
Nearby occupiers include Howdens Joinery, Smiths Plant and Equipment Hire, ICI Dulux, Travis Perkins and Home Bargains.
Description
The property comprises a former cinema, The Regent which opened in 1920.
It was refurbished in the early 2000's including the creation of an impressive entrance area, provision of a suspended ceiling, spotlighting and recessed lighting, creation of a substantial sales area on the ground floor with ancillary sales and retail on the first floor.
It is constructed of rendered brickwork walls to the sides and rear and a pitched steel profile roof. The front has feature horizontal steel profile cladding together with a substantial sales frontage to King Street.
To the rear of the premises there is a concreted yard which provides parking and loading facilities.
Accommodation
The accommodation is arranged as follows:
Ground Floor | Entrance Area | 717 sq.ft |
Sales Area | 3,444 sq.ft | |
Rear Storage | 1,780 sq.ft | |
First Floor | Sales Area | 3,667 sq.ft |
Storage | 1,681 sq.ft | |
TOTAL | 11,289 sq.ft |
The property is either available to purchase or lease
Price
On application
Rental
£55,000 per annum.
Lease Terms
The property is available by way of a new lease for a minimum period of 5 years on full repairing and insuring terms.
Deposit
Subject to status a deposit will be required
Legal Costs
Each party is to be responsible for their own legal costs.
Rating
The property has a current ratable value for the ground floor of £28,000 and for the first floor of £15,500. Rates payable is approximately half the rateable value. Further details on request.
EPC
An EPC is available on request.
VAT
VAT is applicable to figures quoted in these particulars.
Money Laundering Regulations
Please note that we are now required to carry out customary due-diligence on all purchasers/tenants once an offer is accepted, whereby we are required to obtain proof of identity and proof of address of the prospective purchaser/tenant.
We will then undertake an AML check via Smart Search to comply with HMRC’s anti money laundering requirements.
Services
It is understood that all mains services are available to the premises.
Planning
The property has been used for a number of years as a showroom and we understand that planning consent is available for retail use.
Should parties wish to use the property for an alternative use they are recommended to contact the local planning authority to discuss their proposals in greater detail.
Viewing
Strictly via sole agent Taylor Weaver
Neil Weaver MRICS
Telephone: 01254 699 030