Opportunity Development Property - Lancashire

Previous Planning Permission For Flat
Town Centre Location - Busy Shopping Area
Town is Home to Local Borough Council Offices
£0 Zero Business Rates
Excellent Stone Building
Ideal Conversion Project - (can be split)
Rural Market Town Location
Free Parking Close By
Close Links to Motorways
EPC - D
REF 6219 – Freehold Commercial Property

Blacks Brokers are pleased to bring to the market this freehold commercial property located in a busy and popular area within the heart of the Rossendale Valley, Lancashire.

INTRODUCTION

2A, 4 & 6 Union Street is a large, end-terraced property which offers a number of options for a new owner ranging from business use to full tenanting of each area of the building which could potentially generate a monthly rental income of £1,000.

LOCATION

The property is located within Bacup town centre – this area is densely populated both commercially and residentially with an array of other local businesses such as a popular local market and multiples such as B&M Bargains, Morrisons and Lloyds Pharmacy all nearby. This area of Bacup is well linked by the M65 and M66, public transport links are good and free parking is available within walking distance.

REASON FOR SALE

The property is only being offered for sale due to a change in personal circumstance.

LEASE

Freehold proposition; no lease details applicable.

BUILDING LAYOUT AND DESIGN

This building is made up of two main areas. 2A is an annex area which can be used as storage or could potentially rented out and 4-6 is currently a large, two storey space with great potential for development.
The main building (4-6) comprises of a large, glazed frontage, spacious shop floor, two storage rooms, hallway and toilet all within the ground floor. The first floor has three empty rooms, an office and toilet – our client had planning permission in place to convert this into a two-bedroom accommodation in the past – this has now lapsed and will need to be re-applied for if desired.
Additionally, there is a large cellar with two rooms.

SUMMARY

Our client purchased this property in June of 2003 and offers for sale due to a change of personal circumstance. The property occupies an excellent position which lends itself to a variety of business or domestic uses. There is so much potential for this property, with the right investment and refurbishment. Early viewings are strongly advised.