mixed use retail / residential investment premises

168 Burnley Road, Briercliffe, Burnley, Lancashire

For Sale £135,000

in Burnley

607 Sq Ft

• Investment premises comprising two self contained units; an established ground floor hair salon and a refurbished first floor flat.
• Prominent roadside position in the popular village of Briercliffe.
• Offered with vacant possession, providing an opportunity for an attractive rental income of £13,200 per annum once fully let.
• Ideal reversionary investment opportunity.

Description

A mid parade property of traditional construction beneath a pitched slate roof, located in a prominent roadside position on Burnley Road. The ground floor is currently configured as an open plan hair salon, which benefits from high visibility via a prominent bay window shop frontage facing Burnley Road, and includes a rear kitchenette and a WC. Accessed to the rear of the property is a self contained, one bedroom flat to the first floor. This comprises a spacious living room, 1 bedroom, a bath room and kitchen. This mixed use property comprises a ground floor commercial unit with a long established history as a hairdressing salon, shortly to be vacated and offering an excellent opportunity for a new operator or investor. The commercial space has a most recent passing rent of £6,600 per annum, while residential flat is currently marketed at £550 per calendar month. This presents an opportunity for an attractive rental income of £13,200 per annum once fully let.

Location

Situated on Burnley Road, the property occupies a prominent roadside position in the popular village of Briercliffe on the outskirts of Burnley. The surrounding area is primarily residential, also with a number of independent retailers within the near vicinity including a Spar convenience store.

Accommodation

168 Burnley Road (Ground Floor) Salon 22.13 sq.m 238.2 sq.ft Kitchenette 3.25 sq.m 34.98 sq.ft WC 0.84 sq.m 9.04 sq.ft 168A (First Floor Flat) Living room 14.76 sq.m 158.87 sq.ft Bedroom 7.87 sq.m 84.71 sq.ft Kitchen 4.32 sq.m 46.5 sq.ft Bathroom 3.19 sq.m 34.33 sq.ft GIA: 56.36 sq.m 606.56 sq.ft

Services

The property has the benefit of all mains services, with gas fired central heating to the flat.

Viewing

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

Tel: 01282 456677
Email: [email protected]