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Property for sale

Heritage Quarter House, Exchange Street, Colne, Lancashire BB8

9,117 sq. ft

Local area information

Property location

Nearby amenities

  • West Street Community Primary School 0.2 miles
  • Colne Lord Street School 0.3 miles
  • Colne 0.4 miles
  • Nelson 2.3 miles

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

Read our area guide for Colne to find out more about the local area.

Features and description

  • Modern apartment development comprising 17 high specification, self contained apartments featuring a blend of stylish one bedroom, two bedroom, and duplex layouts.
  • Situated in the thriving and sought after town of Colne in the heart of Pendle.
  • Generating an estimated gross rental income of £134,100 per annum when fully let.
  • A distinguished redevelopment of the former Wesleyan School / Sunday School, originally established in 1852, carefully restored to preserve its rich heritage while incorporating contemporary finishes.
A rare opportunity to acquire a fully redeveloped residential investment premises in the heart of Colne's popular Heritage Quarter.

Heritage Quarter House comprises a mixture of 17 spacious 1 bedroom, 2 bedroom and duplex apartments which have been finished to an excellent standard.

Originally constructed in 1852 and extended in 1902, the property was formerly the Wesleyan School and Sunday School - famously attended by Wallace Hartley, the Band Master of the rms Titanic.

The development retains many striking period features, such as the original Exchange Street entrance and the prominent Italianate-style tower, which serves as a distinctive local landmark visible throughout Colne.

The property is capable of achieving a gross rental income of £134,100 per annum once fully let and a copy of the current tenancy schedule is available upon request.

Ideally positioned in the heart of Colne's Heritage Quarter, this development enjoys a prime spot within the vibrant town centre. Located on Exchange Street, Heritage Quarter House is conveniently positioned close to a variety of shops, restaurants and bars. Colne Train Station, major supermarkets and retail parks are all within a 1/2 mile distance and there is a substantial free car park located directly next to the Premises.

Ground Floor 392 sq.m 4,219.48 sq.ft
First Floor 235 sq.m 2,529.54 sq.ft
Second Floor 220 sq.m 2,368 sq.ft
gia: 847 sq.m 9,117.02 sq.ft

Each apartment has the benefit of mains electricity and water.

It is the prospective Purchaser's responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.

It is the prospective Purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.

On application.

Each party is responsible for their own legal costs.

Modern apartment development comprising 17 high specification, self contained apartments featuring a blend of stylish one bedroom, two bedroom, and duplex layouts.

Situated in the thriving and sought after town of Colne in the heart of Pendle.

Generating an estimated gross rental income of £134,100 per annum when fully let.

A distinguished redevelopment of the former Wesleyan School / Sunday School, originally established in 1852, carefully restored to preserve its rich heritage while incorporating contemporary finishes.

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire