Prominent mixed use investment premises in prime roadside location

259-259A North Valley Road, Colne, BB8 9DR

For Sale £190,000

Investment in Colne

1407 Sq Ft

• Mixed investment: ground floor shop, basement & duplex flat
• Prime main road spot opposite North Valley Retail Park and Sainsbury's
• Spacious, extended retail unit with full-height display window
• Ideal for investors or owner-occupiers

Description

A mid parade, mixed use premises of stone construction beneath a pitched slate roof. The commercial section consists of a ground floor retail unit featuring an expansive sales area, two store rooms, a kitchenette, and a WC. Furthermore, the unit benefits from a basement that provides useful additional storage facilities. Ideally suited for various retail, office, hair and beauty, or alternative business uses, the ground floor is finished with suspended ceilings, LED lighting, and enhanced security via retractable grilles to the shop window and a roller shutter door.

Accessed independently from the rear of the building is a spacious 2 bedroom, self contained flat arranged over the first and second floors. The first floor comprises a living room, bedroom, kitchen, and bathroom, while the second floor offers a larger bedroom featuring Velux windows. With its versatile layout and high profile location, this property represents an ideal opportunity for an investor seeking a dual rental income or an owner-occupier looking for a business base with the option of on site accommodation or a separate rental income from the flat.

Location

The property occupies a prominent roadside position on North Valley Road (A6068), one of the primary arterial routes in Colne. It is situated directly opposite the North Valley Retail Park, benefiting from high levels of passing vehicular traffic and footfall. Established businesses in the immediate vicinity include Sainsbury’s, Aldi Lidl, TK Maxx, McDonald’s, and KFC.
Conveniently located on the edge of Colne town centre, the property is also within a short drive from junction 14 of the M65 motorway.

Accommodation

259 Ground Floor
Shop / Main Sales Area: 17.36 sq.m (186.86) sq.ft
Store room: 20.35 sq.m (219 sq.ft)
Kitchen (including WC): 9.65 sq.m (103.87 sq.ft)
Rear Store: 10.35 sq.m (111.41 sq.ft)
Basement: 16.1 sq.m (173.3 sq.ft)
259A First Floor
Living Room: 16.73 sq.m (180.08 sq.ft)
Kitchen: 5.92 sq.m (63.72 sq.ft)
Bedroom 1: 6.46 sq.m (69.54 sq.ft)
Bathroom: 7.96 sq.m (85.68 sq.ft)
Second Floor
Bedroom 2: 19.74 sq.m (212.48 sq.ft)

GIA: 130.67 sq.m (1,407 sq.ft)

Services

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

Viewing

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

Tel: 01282 456677
Email: [email protected]