£230,000 FOR SALE
66 ST JAMES STREET BURNLEY
Saint James's Street, Burnley BB11 1NH, UK
- Prime town centre location.
- Let to Luxury Leisure Talarlis Ltd for a term of 15 years.
- Adjacent to Rhode Island Coffee, Barclays Bank and opposite to Costa Coffee.
- Recently extensively refurbished externally including roof and rendering works.
The property is situated in a prominent position on St James Street in a pedestrianised location. Other retailers in the vicinity including Rhode Island Coffee, Quick Crepes and Barclays Bank.
The property has its accommodation arranged on two floors. The ground floor has an aluminium framed display frontage and internally there is a suspended ceiling and the accommodation is generally open plan. There are storage and WC facilities to the rear.
The first floor provides further storage, staff room and toilet facilities
Ground Floor 119.4 sq.m 1285 sq.ft
First Floor 75.1 sq.m 809 sq.ft
Basement 92.5 sq.m 996 sq.ft
GIA 287.0 sq.m 3,090 sq.ft
The property has the benefit of all mains services.
It is the prospective purchaser’s responsibility to verify that all appliances, services and systems are in working order.
Luxury Leisure (Co No. 02448035)
Incorporated in November 1999, last accounts filed December 2020.
£230,000 (two hundred and thirty thousand pounds).
The property is let by way of a new internal repairing lease for a 15 year term from 20th October 2021.
Rent Year 1 £15,750 p.a
Year 2 £16,500 p.a
Year 3 £17,000 p.a
The tenant has a break option in year 5 and 10, there are also rent reviews in years 5 and 10.
The rent commencement date is 20th July 2022.
Each party is to be responsible for their own legal costs incurred.
An Energy Performance Certificate is available upon request.
The sale price is subject to VAT at the prevailing rate.
Petty Chartered Surveyors
Suite 3, Empire Business Centre
2 Empire Way
Off Liverpool Road
Tel. 01282 456677
Property files66 ST JAMES STREET BURNLEY
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