Commercial Property for sale

5 Brown Street, Burnley, BB11 1PJ

£78,950

Property Description

Full description

Location

Brown Street is situated just off St James Street, the main thoroughfare in Burnley town centre with Marks & Spencer and JJB Sports being within 50 metres of the properties.

Description

The properties comprise two retail units within a block of four which include an established Italian restaurant. The accommodation is arranged on the ground floor.

5 Brown Street, Burnley

Tenant North East Lancashire Money
Term Full repairing and insuring lease from the 20th November 2006 for a term of 12 years.
Rent - 7,594 per annum.
Rent Reviews At three yearly intervals to open market rent or RPI.

7 Brown Street, Burnley

Tenant - The Nail and Hair Bar
Term - Full repairing and insuring Lease from the 23rd November 2007 for a term of 10 years.
Rent - 7,518 per annum
Rent Reviews - At three yearly intervals to open market rent or RPI

Tenure

The properties are to be sold subject to 250 year ground leases, each at a fixed ground rent of 520 per annum.

Price

5 Brown Street - 78,950 (seventy eight thousand nine hundred and fifty pounds)
7 Brown Street - 78,950 (seventy eight thousand nine hundred and fifty pounds)

Costs

Each party is to bear their own legal and professional costs in this matter.

VAT

All prices quoted are exclusive of, but may be subject to VAT at the standard rate.

Nearest stations

  • Burnley Central (0.3 mi)
  • Burnley Manchester Road (0.4 mi)
  • Burnley Barracks (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Petty Estate Agents Ltd, Burnley - Commercial

Imperial Chambers, 32 Manchester Road, Burnley, BB11 1HH

01282 934035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Burnley Central (0.3 mi)
  • Burnley Manchester Road (0.4 mi)
  • Burnley Barracks (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Petty Estate Agents Ltd, Burnley - Commercial

Imperial Chambers, 32 Manchester Road, Burnley, BB11 1HH

01282 934035 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference BrownStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Petty Estate Agents Ltd, Burnley - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.