100 BURNLEY ROAD, PADIHAM, BB12 2QN

Quick Summary

Property ID
5025
For sale:
£225,000
Category:
Office, Retail
Location:
Padiham

Property Files

Property Features

  • Excellently positioned
  • Good access to motorway network
  • Prominent roadside location

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Property Description

LOCATION

The property is prominently situated on Burnley Road in the centre of Padiham being located within a row of occupants including hairdressers, sandwich shop, bookmakers and retail clothing.

ACCOMMODATION

98 Burnley Road

An inner parade ground floor retail property with serving area, behind which is a kitchen and WC. The properties are of stone construction with a pitched slate roof.

Gross Internal area     25.9sq.m        (278.72 sq.f.t)

98A Burnley Road

A first floor flat accessed off Burnley Road. The flat comprises of a living room, kitchen, one bedroom and bathroom with a three piece suite. The property extends to 32.5 sq. m (349.7 sq.ft)

100 Burnley Road

An end of terraced shop with a display window to Burnley Road. The accommodation has recently been used as a money exchange but prior to that was used as a hairdressers. Internally there is a partitioned reception, a store and WC area.

Gross Internal        23.13 sq. m        (249 sq.ft)

2 Hapton Street

Accessed off Hapton Street, the property is a spacious, two bedroom first floor flat with living room, kitchen and bathroom with a three piece suite. The property extends to 47.19 sq. m (508 sq.ft)

2a Hapton Street

A ground floor one bedroom flat accessed off Hapton Street, with living room, kitchen and bathroom. The property extends to 34.23 sq. m (368.5 sq.ft).

TENANCIES

98 Burnley Road

The property is currently occupied as a sandwich shop. The tenant is currently holding over at a yearly rent of £6,000 per annum.

98a Burnley Road

The property is currently let by way of an Assured Shorthold Tenancy at £3,900 per annum.

100 Burnley Road

The property has a gross potential income of £6,000 per annum.

2 Hapton Street

The property is currently let by way of an Assured Shorthold Tenancy at £4,152 per annum.

2a Hapton Street

The property is currently let by way of an Assured Shorthold Tenancy at £3,900 per annum.

GROSS POTENTIAL INCOME:       £23,952 per annum

PLANNING

The building is located within the Burnley town centre conservation area and is Grade II listed. Enquiries should be made to Burnley Borough Council Planning & Estates 01282 425011.

SERVICES

We understand the property has the benefit of mains electricity, water and drainage.

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 of their purpose.

BUSINESS RATES

Details available upon request.

LEGAL COSTS

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

VAT

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

VIEWING

Viewing strictly by appointment with Petty Chartered Surveyors.