{"loaderData":{"0-8":{"propertyListing":{"building":{"id":"760587840301504","summary":"FREEHOLD RETAIL WAREHOUSE INVESTMENT OPPORTUNITY: \nExcellent trading B&M Home Store with Garden Centre.","archived":false,"description":"Originally constructed as a Homebase store in 1989, the property comprises a purpose built, modern, single storey, non-food, retail warehouse, constructed on a steel portal frame with brick and insulated profile steel cladding to both walls and roof, including double skin translucent roof panels. To the side of the property is a large garden centre area and tarmac surfaced car parking for 160 vehicles (1:196 car parking spaces).

Accrington lies in East Lancashire, some 6 miles east of Blackburn and 19 miles east of Preston. The town has an urban population of 72,000 and within 10km of the centre are 320,000 people.

The property is located in between the towns only large food store (ASDA) and an Aldi. It is prominently situated fronting Hyndburn Road, close to the Viaduct Roundabout junction on the edge of Accrington town centre. Hyndburn Road is the main arterial road linking Accrington town centre to Junction 7 of the M65 motorway. Other nearby occupiers include ASDA, McDonalds, Aldi, VUE, Jewsons, Howdens and National Tyres and Autocare.

ACCOMMODATION
The property extends 31,430 sq. ft and the garden area 6,900 sq.ft. There is a demised surface car parking providing 160 car parking spaces at a ratio of 1:196 sq.ft. The freehold demise comprises a site area of 3.6 acres.

COVENANT INFORMATION
B&M Retail Limited From its first store in Blackpool, Lancashire, B&M has grown to over 700+ stores and employs over 35,000+ staff. B&M attract over 4 million customers through their doors a week. B&M has stores throughout England, Scotland, Wales, Northern Ireland and France. They are listed on the FTSE 100 and have a market cap of £4.93 Billion.

EPC Rating - B

ANTI-MONEY LAUNDERING
In Accordance with Anti-Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful purchaser.

CAPITAL ALLOWANCES
It is the Vendor’s intention to retain Capital Allowances.

VAT
The property is elected for VAT although it is anticipated that the sale will be structured as a Transfer of a Going Concern (TOGC).

PROPOSAL
Offers in excess of £4,200,000 (Four Million Two Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.70% after full purchaser’s costs.","disclaimer":{"raw":"Disclaimer - Property reference Accrington. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Carrick Real Estate, Manchester. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":["PARKING","WELL_CONNECTED","AIR_CONDITIONING","STORAGE_SPACE","SECURITY_SYSTEM"],"keyFeatures":["Freehold entirely let on a FR&I lease to B&M Retail Limited a £4.93 Billion covenant.","The property is let until 23 June 2032 (7.5 years term certain).","The tenant signed a lease extension in October 2023.","Rent passing £299,374 per annum, reflecting a low rent of (£9.52 psf).","Open market rent review (maximum increase of 12%) due 2027.","Located in Accrington and next to a large ASDA which is the only large foodstore in town.","31,430 sq. ft with 160 car parking spaces on a 3.6 acre site.","Excellent trading B&M Home Store with Garden Centre."],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":"EPC - B"},"pricing":{"price":4200000,"displayQualifier":"OFFERS_IN_EXCESS_OF","frequency":null,"rentObligation":null},"useClasses":["E"],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":160,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":1,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/8ad7b4cc4/760587840301504/8ad7b4cc42e2ae5bdcdf3ff7b31080d3.pdf","description":""}],"photos":[],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":31430,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"B & M, Hyndburn Road, Accrington, Lancashire","showMap":true,"postcode":{"incode":"4AH","outcode":"BB5"},"streetView":{"latitude":53.755905,"longitude":-2.369386,"heading":7.803745,"pitch":0,"zoom":1,"showStreetView":true},"latitude":53.756202,"longitude":-2.369317},"nearestStations":[{"distance":0.22869915529383383,"name":"Accrington Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.989641680971007,"name":"Church & Ostwaldwistle Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.4573797150127568,"name":"Huncoat Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Carrick Real Estate, Manchester","email":null,"profileUrl":"/estate-agents/agent/Carrick-Real-Estate/Manchester-288167.html","logo":"/partner-logo/37398587-LOGO-1765974751.png","id":288167,"description":"","telephoneNumber":"0161 524 2604","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Carrick-Real-Estate/Manchester.html?locationIdentifier=BRANCH%5E288167&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":{"description":null,"name":null},"primaryPropertyClassification":{"propertyClassificationSubType":"WAREHOUSE","propertyClassificationType":"INDUSTRIAL_AND_LOGISTICS","offices":null,"industrialAndLogistics":{"driveInBays":0,"clearHeightUnit":"FT","clearHeight":null,"dockLevellers":0,"floorLoadingCapacityKiloNewtons":null,"powerSupplyKiloVoltAmperes":null,"yardDepthMetres":null},"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[{"propertyClassificationType":"RETAIL","propertyClassificationSubType":"SHOP"}],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}}}},"actionData":null,"errors":null}