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Commercial Development for sale

Leeds Road, Nelson, Lancashire, BB9

1,145 sq. ft. | £110,000

Property Description

Commercial information

  • 1,145 sq ft (106 sq m)

Key features

  • Main road location
  • Establsihed hairdressers trading from the ground floor
  • Spacious two bedroomed flat
  • Gross potential income: 10,000 per annum

Full description

LOCATION

The property is prominently situated on the outskirts of Nelson, providing an excellent frontage to Leeds Road which is a busy link road between Nelson and Colne and is within one quarter of a mile of Junction 11 of the M65 motorway.



DESCRIPTION

A substantial stone built end-terraced property under a pitched slated roof.

The property consists of ground floor retail accommodation together with storage and WC facilities to the lower ground floor. Separate access is provided to the rear of the property comprising a lounge, kitchen/ diner and WC to the ground floor with two bedrooms and a family bathroom to the first floor.

Externally, car parking is available opposite and in the surrounding streets.



ACCOMMODATION



Lower Ground Floor

Storage &WC 17.9sq.m (193.3sq.ft)



Ground Floor

Hairdressers 19.5sq.m (209.7sq.ft)

Kitchen with WC 13.4sq.m (144.6sq.ft)

Lounge 19.2sq.m (206.9sq.ft)



First Floor

Bedroom 1 17.5sq.m (187.9sq.ft)

Bedroom 2 11.2sq.m (120.5sq.ft)

Bathroom 7.7sq.m (82.9sq.ft)



Net Internal

Floor Area 106.4sq.m (1145.8sq.ft)



SERVICES

The property benefits from all main services including gas, water and electric.



SERVICES RESPONSIBILITY

It is the prospective purchaser's responsibility to verify that all appliances, services and systems are in working order and are of adequate capacity and suitable for their purpose.

TENANTS

The retail accommodation has been occupied for many years by 'The Barbers Shop'. A new lease was negotiated in December 2015 for a 5 year term at 5,200 per annum.

The self contained two bedroom flat is currently vacant and has a potential income of 4,800 per annum.

Gross Potential Income: 10,000 per annum.



TENURE

Assumed freehold.



PRICE
110,000 (one hundred and ten thousand pounds)



BUSINESS RATES

We are informed by the Valuation Office Agency website that the retail premises has a Rateable Value of 1,775 per annum (2016/2017) the living accommodation being within Band A for Council Tax purposes.



EPC

An Energy Performance Certificate is available upon request.



LEGAL COSTS

Each party is to be responsible for their own legal costs incurred.



VAT

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



VIEWING

Viewing strictly by appointment with Petty Chartered Surveyors.



Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH



Tel. 01282 456677

commercial@petty.co.uk

www.pettycommercial.co.uk

Map & Street View

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