Location

The property is situated on the edge of Blackburn town centre on the corner of Weir Street and its junction with Wainright Way approximately half a mile from the town centre.

It is well situated with good access to junction 5 of the M65 motorway which is approximately 2 miles away.

The surrounding area is a mix of industrial, retail and office space and a number of new companies have recently located to the area including Home Bargains.

Description

The property comprises an industrial/workshop unit with office accommodation and mezzanine floor.

It extends to a total area of 5,832 sq. ft on a site of 0.208 acres

Access is provided to the unit via a shutter door at a height of 3.41 metres from the shared yard and a large concertina door at a height of 3.76 metres, which fronts onto Weir Street.

Internally, the offices provide open and cellular space with access to the main warehouse which in turn provides open plan accommodation with the benefit of a mezzanine floor which can be accessed either from the warehouse or directly from the offices.

Externally, there is a designated car parking area to the front of the property.

Accommodation Text

The accommodation is as follows:

Ground Floor
Offices~ 674 sq.ft
Warehouse 1~ 2,421 sq.ft
Warehouse 2~ 886 sq.ft

First Floor
Storage~ 884 sq.ft

Mezzanine
Storage~ 1,009 sq.ft


Services

It is understood that all main services are connected to the property. Further details on request

EPC

The property has an EPC rating of D(82)

VAT

If applicable the sale is expected to proceed by way of a TOGC and therefore no VAT will be applicable to eligible parties.

Planning

It is understood that the property has planning consent for its existing use as an industrial property.

Lease Terms

The property is currently let to Intertel Limited for a period of 5 years from December 2021 at a current rent of £20,000 per annum. The lease is held on a full repairing and insuring basis excluding the roof.

Based of the lease provided by the landlord we understand that they may break the lease at the end of each year by giving a minimum of 3 months notice. Further details in rent.

In our opinion we anticipate the rent of the property in the current market is in the region of £30,000-35,000 per annum, therefore offering a significant rental upgrade on lease renewal.


Legal Costs

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

Viewing Detail

Strictly through agents
Taylor Weaver
Neil Weaver MRICS