£92,000

Retail premises for sale

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Just added

Guide price

£92,000

Retail premises for sale

Bolton Road, Blackburn BB2

Local area information

Property location

Nearby amenities

  • Longshaw Community Junior School 0.3 miles
  • Longshaw Infant School 0.4 miles
  • Mill Hill (Lancs) 0.5 miles
  • Blackburn 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Fantastic business opportunity
  • Fantastic Investment Opportunity
  • Ground floor commercial
  • Retail premises with first floor apartment
  • Fully renovated
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are delighted to present this excellent commercial business or investment opportunity, located near the highly sought-after Ewood area and in close proximity to Blackburn Rovers. The premises would benefit from local foot traffic and visibility. This superbly renovated premises offers a versatile commercial space on the ground floor, currently functioning as an architect's office but can be easily be repurposed for other business types such as a beauty salon, barbers or a take away. It also features a kitchen and staff area, which can be used for storage or as additional office space. A walk-in shower room at the rear provides added convenience, along with direct access to the exterior.

The current owner is open to renting the property back, making this an ideal investment with immediate rental income potential.

To the first floor there is a nicely renovated one bed apartment with open plan kitchen/ living area and bedroom with painted walls and a contemporary shower room. This property could easily achieve around 1300 pcm rental giving you a fantastic yield of around 14%.

This property offers a fantastic investment opportunity in a thriving area, further enhanced by the recent opening of several new eateries, making it a highly desirable location. This is a very appealing option for someone seeking a business base or a reliable rental investment

Please note we have not inspected the property.

Location

Located near the highly sought-after Ewood area and in close proximity to Blackburn Rovers. The premises would benefit from local foot traffic and visibility.

Accomodation

Dimensions:
Main office/retail area:8.54m x 3.94m
Office/kitchen/storage area:3.43m x 3.21m
Shower room:1.71m x 1.38m

First floor:
Open plan living/kitchen area:
Bedroom: 3.32m x 2.01m
Shower room: 2.20m x 0.82m

Tenure

Freehold. Title LA387494

Rateable Value

Current rateable value (1 December 2023 to present) 4,500. Sourced from voa.

EPC

Available upon request
Rating
Commercial - C
Residential - awaiting

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Blackburn
  5. Bolton Road