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Investment for sale

48 Blackburn Rd, Accrington BB5 1LE, UK
Contact Agent
Call Agent 01254 505031
Michael Holden Chartered Surveyors Blackburn
Marketed by
Michael Holden Chartered Surveyors Blackburn
Furthergate, Blackburn BB1 3HQ, UK
Properties for sale Properties to let
Available
48 Blackburn Rd, Accrington BB5 1LE, UK
1 of 1
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£600,000
48 Blackburn Rd, Accrington BB5 1LE, UK
Contact Agent Call Agent 01254 505031

Key features

  • Located in the heart of Accrington Town Centre and all its amenities.
  • Comprises of three retail units and a bank.
  • Producing £55,810 per annum.
  • Within close proximity to Accrington Bus and Railway Station.
  • Established tenants.

Description

LOCATION
The properties are located on the corner of Broadway and Union Street in the heart of Accrington Town Centre. Accrington is a small market town situated between Burnley and Blackburn in the borough of Hyndburn.
Over the last year Accrington has seen considerable investment from the local authority with the repaving of Broadway, regeneration of shop fronts and implementation of free two-hour town centre car parking.
Accrington bus station and railway station are within close proximity providing connections to Preston, Blackpool, Manchester and beyond. The closest motorway link is junction 8 of the M65.
DESCRIPTION
A fully let retail investment comprising of a bank premises occupied by Barclays and three retail units.
The properties are of a traditional stone construction beneath a flat asphalt roof.
There is a shared yard to the rear of the properties providing refuse storage and a fire escape.
Barclays occupy the ground floor to the Union Street elevation and the first and second floors above Union Street and Broadway. The three retail units are ground floor only however 1 Broadway has the benefit of a substantial cellar.
Barclays have been in occupation since January 2007 and have eight years left on their lease. The other tenants are The Sandwich Shack (1 Broadway), 333 Barber Shop (3 Broadway) and KGN News (5-7 Broadway).
Overall the properties are producing an annual rent of £55,570 per annum.
Full tenancy details can be found on the next page of the particulars.
PRICE
£600,000 (Six Hundred Thousand Pounds)
ACCOMMODATION
There is an accommodation schedule at the back of the particulars
Download Sales Details
All commercial properties for sale in Accrington
Michael Holden Chartered Surveyors Blackburn
Marketed by
Michael Holden Chartered Surveyors Blackburn
Furthergate, Blackburn BB1 3HQ, UK
Properties for sale Properties to let

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