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Light Industrial for sale

Leeds Road,Nelson,BB9

Under Offer 15,500 sq. ft. | £199,950

Property Description

Commercial information

  • Business for sale
  • 15,500 sq ft (1,439 sq m)

Key features

  • Single storey mill located close to M65
  • 15,500 sq ft (1,440 sq m)
  • Currently producing 27,000 per annum

Full description

LOCATION
Throstle Nest Mill is situated on the edge of Nelson town centre in a mixed residential/commercial location. Leeds Road (A556) is one of the main arterial routes connecting the towns of Nelson and Colne.

Junction 13 of the M65 is within half a mile of the property.


DESCRIPTION
A stone built Northlite Mill that has been occupied by a furniture company since 2001.

The mill is generally open plan with offices and toilets.

The premises has tailgate loading and use of a shared yard for access and car parking.

We have been verbally informed that the mill has planning consent for weekend retail use as well as all year round wholesale permission. Prospective purchasers must however contact Pendle Borough Council's Planning Department to confirm this information.


ACCOMMODATION
The accommodation has been measured on a gross
internal basis (excluding toilets and corridors) and extends to the following approximate
areas:

GIA - 16,000.0 sq ft, 1,486.4 sq m


TENANCY
The building is occupied by way of a licence and we understand the current tenants have been in occupation since October 2001.

The current passing rent is 27,000 per annum.

We are informed that the current tenants will commit to a six month rolling tenancy and the property can be offered with the tenants in situ or with vacant possession.

A copy of the original licence is available to interested parties on request.


PURCHASE PRICE
199,950

VAT
If the property is sold as an investment we understand that it can be transferred as a TOGC and therefore VAT will not be payable.

However VAT will be payable if the property is sold with vacant possession.


BUSINESS RATES
We have been verbally informed that the rateable value for the property is 20,500 per annum.

Prospective occupiers only pay a proportion of this figure and interested parties should contact Pendle Borough Council on 01282 661661 to confirm the amount payable.


VIEWING - STRICTLY BY APPOINTMENT
For further information or to arrange a viewing please
Contact:
Whiteacres
Tel: 01282 428486
Web: www.whiteacres-property.co.uk


SUBJECT TO CONTRACT

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