For Sale By Auction | 2.00pm, 05 February 2019 | Lot 8

York House, Ormerod Street, Burnley, Lancashire, BB11 1EP

Sold £162,000

  • Commercial Property
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 05/02/2019

Auction Time

2.00pm

Auction Venue

Manchester City FC, The Etihad Stadium, Sport City, Manchester, M11 3FF

Viewing Times:

Thu 17 Jan

12.20 - 12.50pm

Thu 24 Jan

12.20 - 12.50pm

Thu 31 Jan

12.20 - 12.50pm

A Town Centre Mixed Use Investment Part Tenanted

A Town Centre Mixed Use Investment Part Tenanted. Located within 100 yards of the Shopping Centre and pedestrianised Retail Areas this property offers great potential for either the investor looking to generate further income from the vacant space or, alternatively, an owner occupier looking to reopen the Nightclub and benefit from a significant income from the Ground Floor Shops. Two, of the three, shops are currently let producing £11,440pa and the vacant shop was previously let at £5,200pa. See legal pack for copy leases. The Nightclub is currently vacant and offers extensive accommodation over two floors with potential to convert into alternative uses subject to any necessary planning consents.

Tenure

See legal pack

Not inspected by Auction House Manchester but we are advised that the accommodation comprises the following:

Ground Floor

Brambles Café 329sq ft/30.6sq m currently tenanted at £6,240pa/£520pcm Beautiful You 425sq ft/39.53sq m currently tenanted at £5,200pa/£433pcm Vacant Shop 320sq ft/29.72sq m previously tenanted at £5,200pa/£433pcm Club Entrance Reception 183sq ft/17.00sq m

First Floor

Nightclub 1,678sq ft/155.88sq m

Second Floor

Nightclub 1,532sq ft/142.32sq m

Outside

There is an access opening through the ground floor that connects with a shared yard over which there is a steel fire escape from the upper floors.

Energy Efficiency Rating (EPC)

Current Rating D/D/C/E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Blackburn and Darwen Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.