Property details for Pitville Street, Darwen, Lancashire, BB3 1HJ Office, Industrial, Investment

Size: 2,189 Sq Ft

Use: Office Industrial Investment

Price: £225,000 for the Freehold

Competitively priced

Located close to the national motorway network.

Of interest to investors and owner occupiers.

Immediate availability.

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About the property

Location

The property is situated in a predominantly residential area on the edge of Darwen but with excellent access to junction 4 of the M65 motorway.

Description

The property comprises an end terraced workshop - office - investment opportunity extending to 2,189 sq. ft.

The property is constructed of rendered, brick built walls under a pitched slate/felted roof.

The ground floor provides a workshop and office accommodation with the first floor providing additional office accommodation. There is also a self contained 2 bedroom residential flat, included in the sale which is currently let.

The workshop/office premises benefits from gas fired central heating, roller shutter access off Pitville Street, 3 phase power and double glazed windows.

The flat is accessed off Dean Street provides 2 bedroom accommodation with kitchen, bathroom, utility and large living room.

It has the benefit of UPVC framed double glazed windows and separate gas central heating.

Accommodation Text

The property comprises the following Gross Internal floor areas:

Workshop and Offices:

Ground floor
Entrance/office/kitchen/w.c
Workshop
Office

Total 965 sq.ft

First floor:
2 x Private offices and boardroom - 525 sq. ft

Self Contained Flat

Ground Floor -
Entrance of Dean Street

First Floor -
Kitchen, lounge, 2 bedrooms, bathroom and utility - 743 sq. ft

Total: 2,189 sq. ft

Services

It is understood that all mains services are connected to the property.

The residential property has its separate supply for electric and gas.

EPC

The property has the following EPC ratings:

Workshop- E (123)
Flat- D (68)

Both are valid until March 2034

VAT

VAT is not applicable to the figures quoted in these particulars.

Investment Return

The residential flat is currently let at £675 per month (£8,100 per annum), and we feel that the workshop and offices would command a rent of £12,500 per annum, which would suggest a total rent of £20,600 per annum

Planning

The property has been used for a workshop and office for several years, although we understand that residential conversion may be considered particularly to the first floor accommodation.