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New Market Street, Colne, Lancashire, BB8

£975,000

£19.93 per sq ft

Business rates & charges may apply

Petty Commercial, Lancashire
SIZE AVAILABLE

48,926 sq ft

4,545 sq m

SECTOR

Commercial property for sale

Key features

  • Range of self contained accommodation including warehouse, office and manufacturing facilities.
  • Detached converted office premises with workshop.
  • Partially refurbished including re-roofing to part.
  • Excellent location off North Valley Road (A6068) within ¼ mile of M65 Motorway.
  • Potential lease back available of owner occupied section.

Description

LOCATION
The property is situated off North Valley Road (A6068) in a built up area of mixed uses comprising predominantly commercial properties.
It is within ¼ mile of junction 14 of the M65 motorway which provides excellent communications to the national motorway network. North Valley Retail park is also within a few meters of the site which includes, Matalan, Aldi and a McDonalds drive through.

DESCRIPTION
The site comprises two sections; Estate News Mill and Bellwoven House.

Estate News Mill, which fronts Stanley Street, comprises a series of connected Victorian buildings constructed in the majority of stone under a part slated roof and profile clad roof.
The section fronting the car park is two storey and includes a drive-in workshop on the ground floor together with first floor former office and light manufacturing accommodation. The upper floors comprise a series of offices that have seen a degree of refurbishment. To the rear there is a partial high bay warehouse with access off Stanley Street. There are further office / storage facilities above.
To the rear and completely self contained is a portion that has been let to Happy Hounds Dog Daycare, by way of a 3 year lease, a copy of which is available by request.

Situated opposite to Estate News Mill, Bellwoven House comprises a row of former terraced houses which have been converted into office and workshop accommodation, with the exception of 67 New Market Street, which is a tenanted terraced house.


ACCOMMODATION
Estate News Mill Front Section
GF Workshop 446.11 sq.m 4,800 sq.ft
Upper GF Workshop 1,092.43 sq.m 11,758 sq.ft
FF Offices 274.12 sq.m 2,950 sq.ft

Estate News Mill Mid Section
Warehouse part
High bay 1,156.45 sq.m 12,448 sq.ft
Stores 62.21 sq.m 669 sq.ft
FF Storage 310.86 sq,m 3,346 sq.ft

Estate News Mill Rear Section (Tenanted)
Happy Hounds Daycare 237.83 sq.m 2,560 sq.ft

Bellwoven House
Ground floor workshops
First floor office, board room,
Kitchenette and WC's. 668.4 sq.m 7,195 sq.ft
Bellwoven House adjoining storage and 67 New Market Street
297.2 sq.m 3,200 sq.ft

GIA: 4,545.61 sq.m 48,926 sq.ft

SERVICES
The property has the benefit of all mains services.

SERVICES RESPONSIBILITY
It is the prospective purchasers responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.

TENANCIES
The rear Estate News Mill unit is let to Happy Hounds Daycare Ltd by way of a 3 year internal repairing and insuring lease. The rent is phased as follows:
Year 1: £10,000 per annum
Year 2: £12,500 per annum
Year 3: £15,000 per annum

67 New Market Street, a self contained terrace house adjacent to Bellwoven House is currently let by way of an Assured Shorthold Tenancy at £5,400 per annum.

PLANNING
It is the prospective Purchaser's responsibility to verify that their intended use is acceptable to the local planning authority

BUSINESS RATES
To be separately assessed.

PRICE
£975,000 (Nine hundred and seventy five thousand pounds).

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred.

EPC
An Energy Performance Certificate is available upon request.

VAT
All prices quoted are exclusive of but may be subject to VAT at the prevailing rate.

VIEWING
Petty Chartered Surveyors
Imperial Chambers, Manchester Road
Burnley, BB11 1HH

Brochures

New Market Street, Colne, Lancashire, BB8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colne Station0.4 miles
  • Nelson Station2.3 miles
  • Brierfield Station3.5 miles

Notes

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Disclaimer - Property reference Estate_News_Mill_Stanley_St_Colne. 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.

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