Commercial Road invite offers for these mixed-use double fronted premises situation in a largely residential area on a main trunk road, leading to a busy Lancashire town centre.
The premises currently house a Hair Salon business and Sunbed Rooms on the ground floor (approximately 1122 square feet) and 2 x 2 bedroom accommodation with toilet/shower room and kitchen on the first floor with two individual tenants in situ.
This large end of terrace building has, in the past, housed a bakery and also a car radio and alarm fitting business on the ground floor. There is also a basement, currently unused spanning approximately 240 square feet.
Ideal for change of use or conversion into several flats offering greater multi occupancy, these premises are ripe for acquisition by a builder who wishes to convert to separate flats, or a landlord seeking the opportunity to add a building, with tenants in situ, to their portfolio.
Equally, an entrepreneur seeking premises to operate their business from, with living accommodation or storage rooms, is likely to find this building of interest.
Rental income currently stands at approximately £11,600 per annum from 3 tenants and we are told that short notice tenancy agreements are in place at present and clever conversion of the accommodation could promote an increase in rental income achieved.
Tenure: Virtual Freehold / Leasehold (£1 per annum ground rent). EPC Grade: D
Please contact the Commercial Road team for further details, or to arrange a viewing.
IMPORTANT NOTES: These particulars do not constitute an offer, neither should they be relied upon as statements or representations of the fact or warranties of any kind. All interested parties must satisfy themselves, by investigation and due diligence activities, prior inspection and or formal entry before contact with their solicitor. Neither we, nor our principals, accept any responsibility whatever in respect of these particulars, which are simply offered as a general indication to persons who may be interested.
Viewings and negotiations are to be conducted STRICTLY through Commercial Road Limited. NO DIRECT APPROACH is to be made to the business under any circumstances.
Handover support available.