32 St. James's Street, Burnley, Lancashire
- SIZE AVAILABLE
3,134 sq ft
291 sq m
- SECTOR
Commercial property for sale
Key features
- Fully let Freehold investment premises currently producing a gross rental income of £22,500 per annum.
- Prime high street location close to Charter Walk Shopping Centre and the Pioneer Place cinema and leisure complex.
- Comprising two self contained units including a large ground floor / basement showroom and a first floor massage therapists.
- Excellent reversionary investment opportunity.
Description
The first floor comprises a series of treatment rooms and is let to as a massage Therapists to a private Tenant by way of a new 5 year Full Repairing and Insuring Lease expiring on 28th February 2030 at a current passing rent of £7,500 per annum. The lease incorporates an open market (upwards only) Rent Review with effect from the 1st March 2028 and a corresponding Tenant break clause.
The property is situated on St James Street, Burnley, the main pedestrianized shopping thoroughfare within Burnley town centre. The property occupies a prominent position opposite Charter Walk Shopping Centre with various established businesses close by including, Boots, McDonalds, Marks and Spencer and the new Pioneer Place Cinema development.
Ground Floor
Showroom 154.86 sq.m 1,667 sq.ft
Store 4.64 sq.m 50 sq.ft
Basement Store 44.59 sq.m 480 sq.ft
First Floor
Reception 6.7 sq.m 72.11 sq.ft
General office 30.22 sq.m 325.28 sq.ft
Private office1 15.2 sq.m 163.61 sq,ft
Private office 2 20 sq.m 215.28 sq,ft
Kitchenette 4.33 sq.m 46.6 sq.ft
WC's 3.32 sq.m 35.73 sq.ft
Store 7.27 sq.m 78.25 sq.ft
GIA: 291.13 sq.m 3,133.89 sq.ft
The ground floor has the benefit of mains electricity and water and the first floor also features gas fired central heating.
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.
Offers Over £250,000
Each party is to be responsible for their own legal costs.
Fully let Freehold investment premises currently producing a gross rental income of £22,500 per annum.
Prime high street location close to Charter Walk Shopping Centre and the Pioneer Place cinema and leisure complex.
Comprising two self contained units including a large ground floor / basement showroom and a first floor massage therapists.
Excellent reversionary investment opportunity.
Brochures
32 St. James's Street, Burnley, Lancashire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Burnley Central Station0.4 miles
- Burnley Manchester Road Station0.4 miles
- Burnley Barracks Station0.7 miles
Notes
Disclaimer - Property reference 2443FH. 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 Petty Commercial, Lancashire. 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.
Map data ©OpenStreetMap contributors.