4 bedroom commercial property for sale

Property Information

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Status:	Available
Tenure:	not specified
Price:	£285,000

Full description

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LOCATION


The property is situated on the corner of Padiham Road and Byron Street in a prominent residential location, close to King George IV Public House.


DESCRIPTION


A substantial three storey building that currently offers on the corner of 794 Padiham Road a self contained “lock-up shop”. These premises are currently let and trades as a convenience store and off licence with stores to the rear.


Adjoining is a two bedroomed inner parade house that benefits from gas central heating and part UPVC double glazing which is currently let.


Plans have been drawn previously for the conversion of the first floor above the shop into a one bedroomed apartment.


Conversion of the second floor into a two bedroomed apartment has been part completed and requires finishing.


ACCOMMODATION


Ground Floor

Shop 55.25 sq. m.

Rear store 12 sq. m.

Loading from Byron Street 10.64 sq. m.

Cellar storage


First Floor

Suitable for conversion into a flat

Front room 40.8 sq. m.

Rear store 27 sq. m.


Second Floor

Flat (finished to first fix)

Living kitchen 38.3 sq. m.

Bedroom 1 15.99 sq. m.

Bedroom 2 11.48 sq. m.

Shower room


Private House

Ground Floor

Entrance hall

Lounge

Living room

Kitchen


First Floor

2 bedrooms

Bathroom


TENANCIES


The ground floor shop is let to Whiteside Wines on a 7 year lease from January 2011 with a break option at the expiration of the third year, paying a rent of £9,000 per annum.


The private house is currently let on an Assured Shorthold Tenancy at £80 (eighty pounds) per week, £4,160 per annum.


PRICE


£285,000 (two hundred and eighty five thousand pounds).


VIEWING


Strictly by appointment with the Agents:


Petty Chartered Surveyors, Burnley

Telephone No. 01282 456677

Email: commercial@petty.co.uk

Website: www.petty.co.uk 03.11.