- Property ID
- Industrial, Investment, Development
- 28646 sq ft
- Good access to motorway network
- Potential development opportunity
- Substantial mill being part multi-storey and part single storey.
- Two long established Tenants occupying part.
- Potential for further division if required.
- Five minutes drive from Junction 14 of the M65.
- Producing £26,720 p.a gross
The property is situated just off North Valley Road (A56) being within 5 minutes drive of Junction 14 of the M65. It is best approached by turning off North Valley Road to the rear of the Vauxhall Garage and the premises are situated on Clifton Street.
Colne is conveniently located with excellent motorway access, and the premises are within walking distance of the town centre.
The property is constructed predominantly of stone with a mixture of slate and profile roofing.
Fronting Clifton Street is the three storey section which comprises on the lower ground floor of works stores and toilet facilities. The ground floor is predominantly administrative offices with toilet and canteen facilities. The first and second floors are a mixture of storage and office accommodation together with an attic.
At the rear of the multi-storey mill is a single storey predominantly North Light mill of which a portion 6727 sq.ft has a high bay roof together with craneage.
The property is accessed off Stanley Street via full height sliding doors. In addition part of the ground floor which is totally self contained is occupied by LP Tech Ltd and the lower ground floor that is accessed off Clifton Street is occupied by Aquarius Acoustics and Martech.
Also incorporated within the building are approximately 4 lock up garages which are also let by way of informal Tenancies.
Lower Ground Floor
Work WC’s 142.20 sq.m 1,530 sq.ft
Reception / offices
WC’s 142.20 sq.m 1,530 sq.ft
Open storage area
WC 142.20 sq.m 1,530 sq.ft
Stores 142.20 sq.m 1,530 sq.ft
Private store 69.59 sq.m 749 sq.ft
High Bay 624.93 sq.m 6,727 sq.ft
North Light 353.39 sq.m 3,804 sq.ft
Remaining North Light 1,186.89 sq.m 12,776 sq.ft
GIA 2,803.6 sq.m 30,176 sq.ft
* Excludes the tenanted accommodation
There is partial Gas fired central heating to the offices, together with Gas radiant heaters to the factory.
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.
It is the prospective purchaser’s responsibility to verify that their intended use is acceptable to the local planning authority.
We are informed by the Valuation Office Agency Website that property has a Rateable Value of £30,000 per annum (2018/19).
£800,000 (eight hundred thousand pounds)
Each party is to be responsible for their own legal costs incurred.
An Energy Performance Certificate is available upon request.
All prices quoted are exclusive of but may be subject to VAT at the prevailing rate.
Petty Chartered Surveyors
Imperial Chambers, Manchester Road
Burnley, BB11 1HH
Tel. 01282 456677
|Tenancy Schedule||Rent P.A||Term||Start Date|
|Ground Floor (Part) Section 1
L P Technology Ltd
|Ground Floor (Part)Section 2
L P Technology Ltd
|Lower Ground Floor|
|Aquarius Acoustics||£6,812.40||Monthly||January 1998|
|D Newton/H Oxley||£1,566.00||Every four months||December 2012|
|G Threlfall||£480.00||Every three months||June 2016|
|Gross Rent p.a||£26,720.57|