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Colne Road, Burnley, BB10 1DU

£875,000

Business rates & charges may apply

Miller Metcalfe, Bolton
SIZE

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SECTOR

Commercial property for sale

FloorplanFloorplan
2

Key features

  • Investment Opportunity
  • Prominent Main Road Position
  • 1 Mile from Burnley Town Centre
  • Well located for local amenities
  • Full management and maintenance team in place.

Description

PRIME INVESTMENT OPPORTUNITY!
This impressive stone-built former iconic hotel offers a substantial income-generating opportunity, set in a prominent and highly visible location in the heart of Burnley. The property has been fully refurbished into a modern mixed-use complex, featuring two open-plan dual aspect retail units on the ground floor and 8 high-quality 2-3 bedroom apartments across the upper floors, which are all let.
With both residential and commercial elements, this stunning grade II listed property offers multiple income streams, making it an ideal investment for those seeking stability and long-term returns. The apartments, recently refurbished to a sleek, contemporary standard, are fully let to working professionals, ensuring a steady rental income. The vacant retail units are ready for immediate occupation, offering the potential for instant returns through a variety of commercial uses. Additionally, preplanning for residential has previously been submitted for the ground floor should that be a preferred investment. There is also a full basement which has scope for further development.
Security and convenience are top priorities, with 24-hour CCTV coverage, a secure keypad entry system, and HD visual intercoms in each apartment, providing tenants with peace of mind. There is also a management company in place which any buyers can inherit for convenience. Additionally, the property includes a basement offering storage for both commercial and residential tenants, further enhancing its appeal and functionality.
The Duke of York Apartments offer highly desirable, premium accommodation in an excellent location, close to the UCLAN campus, Burnley General Hospital, and Boohoo—one of the town’s major employers. This prime location guarantees consistent demand for both residential and commercial space, making it an outstanding investment opportunity with significant potential for both capital growth and steady rental income.
Don’t miss out on this lucrative opportunity in a thriving, high-demand area!

Price

Seeking offers of £875,000 Subject to Contract.

VAT

VAT is applicable at the prevailing rate.

Colne Road, Burnley, BB10 1DU

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Burnley Central Station0.7 miles
  • Burnley Barracks Station1.2 miles
  • Burnley Manchester Road Station1.3 miles

About Miller Metcalfe, Bolton

Burden House, 2-10 Bradshawgate, Bolton, BL1 1DG

Miller Metcalfe is a commercial, valuation, development and investment agency and forms part of a large multi-disciplinary property business. The Commercial department is well established across Greater Manchester and Lancashire and ensures optimal service levels and professionalism. Each staff member prides themselves on offering high quality and timely advice. Coupled with a wide scope of consultancy work. We build a rapport with businesses, councils and property investors throughout the region. As a result, we have gained business both in terms of new property listings and relationship building with purchasers. We are now growing an already successful department throughout the North-West. Based on our reputation for excellence and ensuring that rigorous standards are maintained in all the work we undertake.

The Services we offer include:

Office, industrial and retail agency

Land and Development

Investment

Valuation

Notes

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Disclaimer - Property reference COM210001. 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 Miller Metcalfe, Bolton. 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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