prime double fronted retail investment premises

5-7 Scotland Road, Nelson, Lancashire

SOLD

in Nelson

2356 Sq Ft

• Substantial stone built premises comprising two retail units.
• Prominent trading position close to Marsden Building Society, Home Bargains, Ladbrokes and a variety of independent retailers.
• Current rental income of £7,000 per annum and capable of generating circa £17,000 per annum once fully let.
• Ideal investment premises with development potential of the upper floors subject to planning permission.
• Rear parking and loading facilities.

Description

An imposing stone built retail premises in a highly prominent location within the main pedestrianised section of Nelson town centre.

No. 5 Scotland Road has been occupied by The British Heart Foundation for many years and comprises a three storey retail premises with a ground floor sales area, and a series of useful store / packing rooms arranged over the first and second floors, with a kitchenette and WC facilities. Ideally suited to retail or office use, the upper floors may also be suitable for residential conversion subject to the appropriate planning consent.

No. 7 Scotland Road comprises a ground floor retail unit with a kitchenette and WC. This unit has been occupied for a number of years by an independent hair salon and is currently let a passing rent of £7,000 per annum.

Both properties benefit from modern aluminium shop frontages, each with electric roller shutter doors, suspended ceilings and gas central heating to no. 5 Scotland Road. Externally to the rear of the premises is an allocated car park / loading area.

Location

The property occupies a mid-parade position at the junction of Scotland Road and Market Street, a prominent location within the main pedestrianised section of Nelson town centre.

Other occupiers in the vicinity include, Marsden Building Society , Home Bargains, Ladbrokes, Nelson Bus Station and various independent retailers.

Accommodation

5 Scotland Road
Ground floor – sales 49.23 sq.m 530 sq.ft
First floor – Storage & WC 44.87 sq.m 483 sq.ft
Second floor – Storage 17.18 sq.m 185 sq.ft

7 Scotland Road
Ground floor – sales -45.89 sq.m 494 sq.ft
First floor – Storage 44.49 sq.m 479 sq.ft
Second floor – Storage 17.18 sq.m 185 sq.ft

NIA – 218.84 sq.m 2,356 sq.ft

Services

The property has the benefit of all mains services including gas fired central heating.

Viewing

Old Red Lion,
4 Manchester Road,
Burnley BB11 1HH.

Tel: 01282 456677
Email: [email protected]