1-5A YORKE STREET & 41 MANCHESTER ROAD, BURNLEY, BB11 1HD

Quick Summary

Property ID
5324
Category:
Investment
Area:
3775 sq ft
Location:
Burnley

Property Files

Property Features

  • Central location within walking distance of city centre amenities
  • Character landmark building
  • Excellently positioned
  • Prominent roadside location

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Contact Agent


Property Description

LOCATION

Situated at the corner of Yorke Street and Manchester Road, one of the busiest routes into the town centre, next to the Burnley Mechanics and Town Hall, The building is in a mixed commercial area comprising retails and professional practices.

DESCRIPTION

A three storey corner property of stone construction with four ground floor retail/office units and one lower ground office user with office suites to the upper floors.

TENANCIES

41 Manchester Road (Barbers) £8,500 p.a

 

1A Yorke Street (Hairdressers) £2,000 p.a

 

3 Yorke Street                               Vacant

 

5 Yorke Street (Salon)               £2,600 p.a

5A Yorke Street (Lower Ground Office)

£3,000 p.a

 

First Floor  

Office 2                                       Vacant

Office 3                                       Vacant

Second Floor

Office 4/5                                     Vacant

Third Floor

Office 6                                       £1,224 p.a

Office 6a / 7                               Vacant

Office 8 / 9                                 Vacant

Total rent                                 £17,324

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

The premises benefits from mains water and electricity. Each office benefits from its own metered electricity supply.

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.

TENANTS

Four tenants occupy ground floor and lower ground floor units and one tenant occupies an office suite at a combined total rental of £17,324 per annum.

The lease of 41 Manchester Road expires May 2020, the lease of 5A Yorke Street expires January 2019. The remaining tenants are on annual tenancy agreements or holding over.

TENURE

Freehold.

PRICE

£199,950 (One Hundred and Ninety Nine Thousand Nine Hundred and Fifty Pounds)

BUSINESS RATES

Details available upon request.

EPC

An Energy Performance Certificate is available upon request.

LEGAL COSTS

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

VAT

VAT is not charged on the sale price.

VIEWING

Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH

Tel. 01282 456677

commercial@petty.co.uk

www.pettycommercial.co.uk