Units 1-2 & 3 Broadway & Units 4a, 4b & 6 Cornhill, Accrington, Lancashire, BB5 1EX
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON THE 22ND MAY 2024.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
An income-producing, part-let commercial investment opportunity: a substantial, two-storey and double-fronted retail unit (2 Cornhill), sold vacant, along with a number of neighbouring units which are effectively sold by way of long leaseholds but generate a total rent of £750 per annum. 2 Cornhill was most recently occupied by Boots and enjoys a prominent retail position and offers investors an opportunity to generate income.
Location
Situated in the pedestrianised town centre of Accrington, opposite Accrington Arndale Centre and nearby to occupiers such as Santander, Costa Coffee, and Specsavers. Access via road is primarily provided by the A679 and Eastgate, with Accrington train station also located nearby.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.
3. Energy Performance Certificate = TBC
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Tenancy
Units 1/2, 3 The Broadway, and 4a, 4b and 6 Cornhill are sold subject to long leasehold expiring in August 2836. The total income generated from these leaseholds is £750 per annum.
Tenure Comments
The lot is sold leasehold on a 900 year terms from 1st September 1936 at a fixed ground rent of £650 per annum.
Units 1-2 & 3 Broadway & Units 4a, 4b & 6 Cornhill, Accrington, Lancashire, BB5 1EX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Accrington Station0.2 miles
- Church & Ostwaldwistle Station1.1 miles
- Huncoat Station1.5 miles
About PUGH & COMPANY LIMITED, Manchester
340 Deansgate Manchester M3 4LY
Notes
Disclaimer - Property reference 115152FH. 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 PUGH & COMPANY LIMITED, Manchester. 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.
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 PUGH & COMPANY LIMITED, Manchester on 01942 559576.
*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.”
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