3 & 3A King Street, Clitheroe, Lancashire, BB7 2EL
£243.72 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,262 sq ft
303 sq m
- SECTOR
High street retail property for sale
Key features
- Very rare new build retail investment in Clitheroe town centre
- Current combined income of £54,000 per annum
- Superb location on Clitheroe high street close to Fat Face, Skipton Building Society, and Timpson's
- Prime position in Clitheroe town centre close to the open market
- Let to Specsavers and Boyle Sports
- Leases running until the 28th November 2031 (Specsavers), and the 11th March 2032 (Boyle Sports)
- Significant reversionary opportunity with imminent rent review pending
- Prime town centre retail investment
- Ideal long term investment for property company or pension fund
Description
The property is situated on King Street in the centre of Clitheroe close to the junction with Castle Street.
The premises are positioned close to Fat Face, TG Jones, Fat Face and the main Post Office.
Clitheroe is an affluent market town and has a growing population in excess of 14,000 residents being in the borough of Ribble Valley, approximately ten miles from the towns of Blackburn and Burnley.
Description
Two new build self contained retail units in a prime location in Clitheroe town centre.
The units are fully let on ten year leases to Specsavers and Boyle Sports respectively, and generating a total income of £54,000 per annum.
The properties were built in 2020, and occupy a prime position close to the famous Byrne's Wine shop, Fat Face, Timpson's, and Skipton Building Society.
Clitheroe is an affluent market town with a population of over 17,000 residents.
VAT
Whiteacre's have been advised that the property is not elected.
Services
We understand the property has the benefit of mains electricity and water.
Legal Costs
Each party is to be responsible for their own legal costs.
Viewings
Please contact the agents:
Vicky Belfield
Jonathan Wolstencroft
Whiteacres Property
Church House
10 Church Street
Padiham
BB12 8HG
Accommodation
The properties have not been measured, but the following information has been provided from the VOA website:
Services Responsibility
It is the prospective purchaser's responsibility to verify that all services, appliances are in working order and are of suitable purpose being adequate for their needs.
Brochures
3 & 3A King Street, Clitheroe, Lancashire, BB7 2EL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Clitheroe Station0.1 miles
- Whalley Station3.5 miles
- Langho Station5.2 miles
Notes
Disclaimer - Property reference 457FH. 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 Whiteacres Property, Burnley. 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.