highly prominent town centre investment premises.

84 St. James's Street, Burnley, Lancashire

For Sale £350,000

Investment in Burnley

2807.1 Sq Ft

• Freehold property with ground floor let to Done Brothers (Cash Betting) Limited T/A Betfred on new 5 Year Lease expiring 27th October 2029 at a current rent of £20,625 per annum.
• Prime high street location close to Marks and Spencer, Charter Walk Shopping Centre and the Pioneer Place cinema and leisure complex.
• Three storey premises with spacious self contained office accommodation to the upper floors, currently vacant with scope for additional rental income.

Description

A highly prominent three storey, mixed use investment premises located in the heart of Burnley town centre. The ground floor is let to Done Brothers (Cash Betting) Limited T/A Betfred by way of a 5 year Full Repairing and Insuring Lease expiring on 27th October 2029 at a current passing rent of £20,625 per annum. A long standing Tenant, Betfred have been in occupation for over 20 years and we understand have completed a recent full renovation of the ground floor. The first and second floors comprise a series of open plan and private offices with kitchenette and WC facilities. The offices are self contained, with independent access from St James Street and benefit from gas central heating and suspended ceilings. The office accommodation has been painted and decorated throughout and may suit residential conversion subject to the appropriate planning consent.

Location

The property occupies a prominent position on St James Street, the main pedestrianised retail thoroughfare in Burnley town centre. Situated directly opposite to Charter Walk Shopping Centre, the property is well positioned close to Marks and Spencer, Pioneer Place, various independent retailers and banks, including Nationwide, Santander and Skipton Building Society.

Accommodation

Ground Floor Sales 104.73 sq.m 1,127.31 sq.ft Staff room / WC 13.48 sq.m 145.1 sq.ft Customer WC's 5.37 sq.m 57.8 sq.ft First floor Office 1 15.42 sq.m 165.98 sq.ft Office 2 20.79 sq.m 223.78 sq.ft Office 3 11.26 sq.m 121.2 sq.ft Kitchenette 3.37 sq.m 36.27 sq.ft WC 3.6 sq.m 38.75 sq.ft Second Floor Office 1 22.35 sq.m 240.57 sq.ft Office 2 15.05 sq.m 161.99 sq.ft Office 3 18.9 sq.m 203.43 sq.ft Office 4 20.98 sq.m 225.82 sq.ft WC 5.49 sq.m 59.1 sq.ft GIA: 260.79 sq.m 2,807.1 sq.ft

Services

We understand that all mains services are available. The ground floor features dual air conditioning and heating and the upper floors have the benefit of gas fired central heating.

Viewing

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

Tel: 01282 456677
Email: [email protected]