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Size: 6,000 - 8,500 Sq Ft

Use: Investment Miscellaneous

Price: For Sale: £999,950 for the Freehold

FOR SALE: Fully Let, High-Quality Mixed-Use Investment Opportunity

6 Premium Apartments: 4 x 2-bed, 2 x 1-bed

4 Separate Commercial Units: Retail and office spaces, all fully let

Current Net Rent: £94,290 per annum (NO VAT)

Producing net rent of £94,290 per annum (NO VAT)

Price: £999,950 (9% NIY)

About the property

Location

Located in Burnley town centre, this property occupies a prominent corner position at Manchester Road and Hargreaves Street, the main approach into the heart of Burnley.

The area is a thriving mix of retail, office, and residential spaces, with established businesses nearby, including Virgin Money, Keenans Estate Agents, and Lloyds Bank, enhancing the property’s visibility and foot traffic.

Description

The property was fully renovated in 2020 by the current owners to produce a mix of extremely high specification retail/office uses on the basement and ground floors with six high quality apartments arranged on the first and second floors.

Ground Floor & Basement: 4 high-quality commercial units occupied by 3 tenants—a well-established care business and two beauticians. The basement, also finished to a high standard, serves as additional beauty space.

All of the commercial units are separately accessed / self contained and copies of the lease details can be found in the investment section within these details.

First & Second Floors: 6 luxury apartments, fully let, including four 2-bedroom and two 1-bedroom units. All apartments are finished to a modern standard with top-quality appliances and fixtures.

Floor plans are attached to these details.

Accommodation Text

We have measured the commercial units on ground and basement levels on a net internal area as follows: Unit 2 & 3 Manchester Road (Ground) 593 sq. ft. Unit 4 Manchester Road (Ground) 355 sq. ft. Unit 5 Manchester Road (Basement) 581 sq. ft. Unit 2 Hargreaves Street (Ground) 550 sq. ft. 2,079 sq. ft. Copies of the floor plans for all floors (including residential on the upper floors) are available.

Services

All mains services with the exception of gas are available to the premises.

Legal Costs

Each party is to be responsible for their own legal costs.

Viewing Detail

Strictly via sole agent Taylor Weaver
James Taylor
Director
Tel: 01254 699 030

Web Description

Fully let mixed use investment within Burnley town centre. Finished to an extremely high standard. Producing £94,290 per annum.

Contact about this property