Projected Rental Income £23,920
A Prime Town Centre Position
Planning permission for 15 1&2 bed apartments
Adaptable To Host Alternative Retail Styles
EPC Rating – D
Blacks Brokers are pleased to offer to the market a rare opportunity to acquire an investment property in Burnley, Lancashire. This is a very well-established and highly regarded concern which enjoys all the considerable commercial and private advantages of a very prominent town centre trading position on the busy Claremont Road through the densely populated town of Burnley.
This investment property presently operates from substantial, secure and extremely well fitted terraced showroom premises of real charm and character, the business currently primarily conducts a popular retail operation of an extensive selection of home furnishings.
These premises are ideally located just off the M65 motorway. There are many different local services surrounding this property and there is also a newly built university campus situated just one mile away from the business.
Along with the already spacious premises over two storeys, we are advised that there has also been planning permission for 15 apartments to generate additional space which is currently let out. Our client is presently in negotiation with another part of the premises for a small fee and there is a large plot of land to the side of the property.
This property has been in our client's hands since 1966 and is only being placed on the market due to our client's wish to retire. This property creates a fantastic opportunity for the future and could potentially house a variety of businesses or accommodation. A viewing is essential to appreciate the space and quality of this property in order to see the full potential it has to offer.Fixtures:
To Be Confirmed.
Ground Floor - Consists Of A Large Open Planned Showroom, As Well As A Reception And Sales Office And A Loading Bay With A 15 Ft Roller Shutter Entrance. First Floor - A Large Open Planned Showroom, A Generous Amount Of Windows Which Makes The Room Extremely Light And Spacious, A Work Room, Also A Good Sized Store Room To The Rear, A Sewing Room And A Kitchenette. External - A Gated Yard With Loading Bay And A Large Plot Of Land To The Side.
Location Details: Burnley
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