121 - 125 NEWCHURCH ROAD, BACUP, OL13 0DL

Quick Summary

Property ID
5441
For sale:
£150,000
To let:
£12,000 PA
Category:
Industrial, Office, Retail, Development
Location:
Bacup

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Map

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Property Description

LOCATION

The property is located in a prominent position fronting the A681 (Newchurch Road), which is one of the main arterial routes into Bacup. The property has easy access into the town centre and is also located approximately 6 miles to the north east of the M66 motorway and 3 miles from Rawtenstall.

The property is across from the entrance to Lee Quarry which is part of the nationally regarded “Adrenaline Gateway”. This facility provides 8 km of cycle tracks and is a popular facility.

DESCRIPTION

A two storey warehouse/office building of traditional construction beneath a pitched slated roof.

Internally the property comprises warehouse and storage accommodation to the ground floor and basement together with further warehousing and offices to the first floor.

The property is well presented and may have the potential for alternative uses, subject to Planning Permission. These potential uses could include convenience store, leisure or residential.

ACCOMMODATION

Basement               92.33 sq.m          (    993 sq.ft)

Ground Floor        142.56 sq.m          ( 1,534 sq.ft)

First Floor             116.89 sq.m          ( 1,258 sq.ft)

Total                     351.78 sq.m         (3,787 sq.ft)

SERVICES

The property has the benefit of mains electricity and water.

SERVICES RESPONSIBILITY

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

PLANNING

We understand that the property benefits from the necessary consents and approvals for its current use.

The site may well have some potential for redevelopment and interested applicants should make their own enquiries to Rossendale Borough Council (01706 217777).

BUSINESS RATES

We are informed by the Valuation Office Agency website that the property described as “Store and Premises” has a Rateable Value of £6,500 per annum.

The estimated Rateable Value from 1st April 2017 is £7,400 per annum.

TENURE

We understand the property is Freehold.

PRICE

£150,000 (One hundred and fifty thousand pounds).

RENT

£12,000 (Twelve thousand pounds) per annum.

TERMS

The property is to be taken by way of a new full repairing and insuring lease for a term to be agreed.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred.

EPC

An Energy Performance Certificate is available upon request.

VAT

All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate.

VIEWING

Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH

Tel. 01282 456677

commercial@petty.co.uk

www.pettycommercial.co.uk