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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
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.