Property photos
Offers in region of
£225,000
(£74.53/sq. ft)
Retail premises for sale
74-76 Burnley Road, Padiham BB123,019 sq. ft
Local area information
Property location
Nearby amenities
- Padiham Green Church of England Primary School 0.3 miles
- Padiham Primary School 0.3 miles
- Hapton 1.2 miles
- Rose Grove 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold Town Centre investment
- Double fronted unit with prominent main road position
- Let to William Hill Bookmakers
- Ground floor sales 1,647 Sq. Ft. Plus staff amenity 172 Sq. Ft.
- Annual rental income received £15,500
Fronting Burnley Road (A671) in the town centre of Padiham. Padiham is approximately 3.5 miles from Burnley town centre and is 1.5 miles from Junction 8 of the M65 motorway. Surrounding occupiers include Myerscough Veterinary Practice, The Bridge Inn Public House and Taurus Kitchen and Bedroom Showroom.
A double fronted mid terrace retail outlet trading as William Hill Bookmakers. The premises are of traditional construction and an internal fit-out to form an open-plan sales/trading area with rear disabled toilet, staff kitchen and storage area. There is also a basement storage facility. The premises are well presented with suspended ceiling with LED lighting and air conditioning unit.
Tenancy
A ten year lease with effect from 27 November 2023 at a rental of £15,500 per annum. The lease makes provision for an upward only rent review on 27 November 2028. The lease incorporates a break clause in favour of the tenant subject to the service of six months' notice on 26 November 2028 and 26 November 2031.
A copy of the lease may be forwarded upon request.
A double fronted mid terrace retail outlet trading as William Hill Bookmakers. The premises are of traditional construction and an internal fit-out to form an open-plan sales/trading area with rear disabled toilet, staff kitchen and storage area. There is also a basement storage facility. The premises are well presented with suspended ceiling with LED lighting and air conditioning unit.
Tenancy
A ten year lease with effect from 27 November 2023 at a rental of £15,500 per annum. The lease makes provision for an upward only rent review on 27 November 2028. The lease incorporates a break clause in favour of the tenant subject to the service of six months' notice on 26 November 2028 and 26 November 2031.
A copy of the lease may be forwarded upon request.
More information
Listed by
Trevor Dawson
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