5-7 Scotland Road, Nelson, Lancashire
SOLD
Investment 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.
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]
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