3 NEW ROAD, EARBY, PENDLE, BB18 6UY

Quick Summary

Property ID
5413
Category:
Investment
Area:
1219 sq ft
Location:
Barnoldswick

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Property Description

LOCATION

The property is situated in the centre of the popular village of Earby off Colne Road (A56), the main arterial route from Colne to Skipton.  The property is set within a predominantly residential area with a number of other occupiers in the immediate area including the Co-Operative and a number of specialist independent retailers.

DESCRIPTION

A substantial stone built end terraced property under a pitched slate roof.  The property comprises of a takeaway to the ground floor,  with a separately accessed flat to the rear of the property comprising a lounge and modern fitted kitchen to the ground floor.  The first floor offers two bedrooms and a three piece family bathroom with a third bedroom to the second floor.

Externally the property offers a small enclosed yard to the rear with parking available on the surrounding streets.

ACCOMMODATION

Ground Floor

Takeaway            20.3 sq.m.     (218.5   sq.ft.)

Kitchen               18.56 sq.m.    (199.81  sq.ft.)

Lounge               10.15 sq.m.     (109.29  sq.ft.)

First Floor

Bedroom 1      14.74 sq.m.     (158.73  sq.ft.)

Bedroom 2          30.3   sq.m.     (218.5    sq.ft.)

Bathroom            11.64 sq.m.     (125.37  sq.ft.)

Second Floor

Bedroom 3      17.65 sq.m.     (188.9  sq.ft.)

Net internal area  113.25 sq.m.  (1219.11 sq.ft)

SERVICES

The property benefits from all mains services including gas central heating, water and electricity

SERVICES RESPONSIBILITY

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.

RENT

On application.

TERMS

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

TENANCIES

The takeaway is currently let at £100 per week (£5200 per annum).  The flat is currently vacant and has a potential income of £5700 (five thousand seven hundred pounds) per annum

GROSS POTENTIAL INCOME

£10,900 per annum

PRICE

£ 85,000 (Eighty five thousand pounds ).

BUSINESS RATES

We are informed by the Valuation Office Agency website that the retail premises has a Rateable Value of £1650 per annum (2016/17).  The living accommodation being within Band A for council tax purposes

The estimated Rateable Value for 2017 is £2,100.

LEGAL COSTS

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

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

Strictly by appointment with:

Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH