land for sale

Property Information

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Status:	Available
Tenure:	not specified

Full description

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72-78 St James Street, Burnley, Lancashire, BB11 1NH. Freehold investment. Location: Burnley is approximately 20 miles west of Leeds and Bradford. The towns of Blackburn and Preston lie approximately 10 and 15 miles to the west respectively. Burnley has a resident population of 90,000 people. Situation: The premises occupies a prime position on St. James Street within the main pedestrianised shopping precinct in Burnley town centre. Nearby occupiers include Natwest Bank, Nationwide, Next, River Island and Abbey building society. Description: The premise is arranged over basement, ground and two upper floors currently occupied by Barclays Bank. Accomodation: The net internal floor areas are as follows: Ground Floor: 3,363 sq ft. (312.45 sq. m.). First Floor: 2,893 sq. ft. (268.80 sq. m.). Second Floor: 2,339 sq ft. (217.25 sq. m.). Total: 8,595 sq ft. (798.50 sq m). Tenancy: The property is let on FRI lease for a term of 25 years from 26th June 1990 at a current rent of £145,000 per Annum subject to 5 yearly upward only rent reviews. Price: The vendors are seeking offers in excess of £2,950,000 subject to contract.