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Ingham Street, Padiham, Burnley, BB12 8DR

Key features

  • Fish and chips shop with residential (642 sq ft)
  • Unique opportunity for a conversion project subject to necessary permissions
  • Competitively priced
  • In need of full refurbishment if converted back to residential
  • Brand new equipment in the chip shop including a Worcester Bosch boiler
  • Fixtures and fittings, more than 10k's worth, most of which is brand new.
  • Ground floor (317 sq ft)
  • Serving area (181.04 sq ft)
  • Preparation area (100.44 sq ft)
  • First floor (325 sq ft

Description

This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).

Property Solvers Online Auctions is delighted to present this unique fish and chips shop that could be converted to residential (subject to necessary permissions), located in Ingham Street, Padiham, Burnley.

Situated on Ingham Street in the heart of Padiham, Burnley, this former fish and chip shop presents a rare and exciting opportunity for investors, developers, and owner-occupiers alike. Currently arranged as a commercial takeaway premises, the property offers excellent potential for a variety of uses, subject to any necessary consents, including the possibility of conversion back to a residential dwelling. Located within an established residential area and close to local amenities, schools, and transport links, the property is well positioned for future redevelopment or refurbishment.

The ground floor (317 sq ft) currently comprises the former retail and food preparation areas, providing a flexible footprint that could be reconfigured to suit a range of requirements. The property's layout lends itself well to residential conversion, offering the potential to create a spacious family home or investment property. Buyers seeking a value-add opportunity will appreciate the scope to modernise and redesign the accommodation to their own specification.

This is an excellent opportunity to acquire a versatile property with significant potential in a popular Lancashire location. Whether retained for commercial use, redeveloped, or converted back to residential accommodation (subject to obtaining the relevant permissions), the property offers considerable upside for those looking to maximise its value. Early viewing is highly recommended to fully appreciate the possibilities on offer.

More Information

The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself.  Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license).  For a full list of requirements, please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.

Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Ingham Street, Padiham, Burnley, BB12 8DR

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Affordability

Monthly repayments£301
Property: £ 60,000
Deposit: £ 6,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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Disclaimer - Property reference 28993. 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 Property Solvers, London. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Property Solvers, London on 08000 443798.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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