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The Kings Arms, 144 Bawdlands, Clitheroe, BB7 2LA

£680,000

£202.99 per sq ft

Business rates & charges may apply

Taylor Weaver Limited, England
SIZE AVAILABLE

3,350 sq ft

311 sq m

SECTOR

Commercial property for sale

Key features

  • Fully let producing £55,000 p.a.
  • Let to two tenants with secure lease terms
  • Copies of the leases available on request
  • Available immediately
  • Price - offers over £680,000

Description

Location

The premises are prominently situated on Bawdlands, on the edge of Clitheroe town centre, occupying a highly visible roadside position. The property is located immediately adjacent to the Ford dealership, within a well-established mixed-use area comprising both residential and commercial occupiers. This strategic location offers excellent exposure and accessibility, making it ideal for a range of business uses.



Description

This exceptional property was fully renovated in 2022/2023 to an outstanding standard, resulting in a versatile, high-specification space comprising a self-contained bar/restaurant on the ground floor and premium office accommodation on the first floor. Each element of the building benefits from its own independent access and is let separately.

The comprehensive refurbishment included the installation of a new roof, a modern heating system, double-glazed sash windows, and newly rendered and painted external walls. The finish throughout the property is of an exceptionally high quality, combining contemporary design with functionality.

Ground Floor - Restaurant/Bar
The ground floor features an open-plan layout, offering a stylish and welcoming bar/restaurant environment. Original stone slab flooring has been carefully restored, complemented by recessed spotlighting and a clean, modern aesthetic. To the rear, the space includes customer WCs, a fully equipped commercial kitchen, and dedicated storage areas.

First Floor - Office Accommodation
Accessed independently via the rear car park, the first-floor offices comprise a large open-plan workspace and three additional private offices. The suite is enhanced by features such as gas central heating, a wood-burning stove, raised access flooring, high-quality kitchen facilities, and modern WCs.

Further Information
A full specification and additional details are available upon request.

Accommodation Text

We have measured the property on a net internal area basis as follows:
Ground Floor (Restaurant) - 1,870 sq. ft. / 174 sq. m.
First Floor Offices - 1,480 sq. ft. / 138 sq. m.
Total - 3,350 sq. ft. / 312 sq. m.

Services

All mains services are connected to the property.

EPC

The property has an EPC rating of 'B'. Copy of the certificate available on request.

Lease Terms

The ground floor is leased to the Thai Restaurant (in personal names) on a 10 year lease from 19th August 2022 at a passing rent of £30,000 p.a. There is a tenant break option on the 5th anniversary of lease commencement, upward only rent reviews every 2.5 years of the term. Copy of the lease available on request.

The first floor offices will be offered with a new 3 year lease at an annual rent of £25,000 per annum. Further details available on request.


Legal Costs

Each party to be responsible for their own legal costs involved in the transaction.

Viewing Detail

Strictly through agents
Taylor Weaver
(James Taylor)


Bullet Point 1

Fully let producing £55,000 p.a.

Bullet Point 2

Let to two tenants with secure lease terms

Bullet Point 3

Copies of the leases available on request

Bullet Point 4

Available immediately

Bullet Point 5

Price - offers over £680,000

Brochures

The Kings Arms, 144 Bawdlands, Clitheroe, BB7 2LA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clitheroe Station0.3 miles
  • Whalley Station3.2 miles
  • Langho Station4.9 miles

About Taylor Weaver Limited, England

Unit 17, Trident Park, Trident Way, BB1 3NU

On the 1st October 1999 Alex Taylor and Neil Weaver formed a new partnership called Taylor Weaver dealing with all types of commercial property matters throughout Lancashire. The business was incorporated in 2002.

Now established as one of the leading firms of commercial property surveyors in Lancashire, Taylor Weaver offer expert, cost effective property advice for a variety of clients who have recognised the excellent level of service offered by Taylor Weaver. In 2015 a new office was opened in Chorley to give complete coverage across Lancashire and Greater Manchester.

Taylor Weaver are panel valuers for a number of major banks and pension trustees, including Handelsbanken, Yorkshire Bank, James Hay Pension Fund, Mattioli Woods and AJ Bell Trustees Ltd.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5819FH. 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 Taylor Weaver Limited, England. 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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