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Commercial Property for sale

Manchester road, , Rossendale

Guide Price* £150,000

Property Description

Full description

Tenure: Freehold




FOR SALE BY AUCTION 25th January 2017 at 1PM. Starting Bid £150,000 Auction to be held at Blackpool Football Club. Terms & Conditions Apply. TREMENDOUS COMMERCIAL AND RESIDENTIAL INVESTMENT OPPORTUNITY** VERY LARGE GROUND FLOOR RETAIL OUTLET, FOUR x ONE BEDROOM FLATS OVER THREE FLOORS - HUGE BUILDING - OUTSTANDING RENTAL YIELD POTENTIAL of £22,000-£24,000 (per year) ** Business unaffected by sale - Lease in place - Separate entrance to flats**

This is an absolutely fantastic commercial and residential property opportunity that represents an excellent chance to achieve a superb rental income. Situated in a prominent much desired busy town centre location in Haslingden exceptional for both trade and the local rental market is this huge three storey building with cellar, main entrance to the retail store and separate back entrance to the four separate purpose built one bedroom flats.

Retail store - Haslingden food store:
Providing a wide range of foods, general groceries and meats the current tenants of the lease have been successfully trading from the premises for over 8 years. The business is to remain unaffected by the sale of the property with the owners of the mini market content to remain trading from the property for the long term.

Four x one bedroom apartments:
With planning permission already in place the partly refurbished and modernised one bedroom apartments have received the installation of brand new central heating systems, windows, electrics, kitchen units and bathroom units amongst more. The final decorating and carpets need to be fitted for the full completion. A separate entrance to all four flats is accessed from the back of the building which comprises a stairway which leads to the main entrance and landing and further stairway. A private entrance to each flat can be accessed from the main landing areas.

A change in family circumstances has dictated the sale of the whole property. For a breakdown of the potential rental yields, for more information and to arrange your viewing please contact Time to Move on 01254 399300.

The property benefits from:

Commercial:
Main entrance to a substantial shop floor with serving areas, shelves, counters and food preparation areas. (Approx 650 square feet) Rear stair lead down to a sizeable cellar area used for large scale storage, frozen areas and food production. A rear exit can be used to leave the property to the back and also can be used to access the flats above if required.

Residential:
All flats have newly fitted windows, gas central heating, boiler/radiators, electrics, kitchen and bathroom units.

Flat one:
room1 4.2m x 3.6m
room2 3.6m x 3.8m
bathroom 1.5m x 2m

Flat two:
room1 3.2m x 3.1m
room2 3.8m x 2m
room3 3.2m x 3m
bathroom 1.5m x 2m

Flat three:
room1 3.2m x 3.8m
room2 3.7m x 3.2m
bathroom 1.5m x 2m

Flat four:
room1 4m x 2.3m
room2 3.3m x 3.63m
room3 3m x 2.9m
bathroom 1.6m x 1.9m

Disclaimer
All details and descriptions in this brochure are the opinions of Time to Move Estate & Letting Agency and their employees. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any decisions or purchases based on the information provided.


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Disclaimer - Property reference sale-9. 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 Time To Move , Accrington. 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Time To Move , Accrington on 01254399300.


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