Guide Price: £65,000 plus, 29 Burnley Road, Padiham, Burnley, Lancashire, 433+52650

Property Details

Location

The property is located in an established retail location and fronts on to Burnley Road (A671) in Padiham town centre. Junction 10 of the M65 motorway is approximately 3 miles to the east.

Description

A three storey (plus cellar) town centre retail and residential property which comprises a refurbished ground floor retail unit let at £3,900 per annum and two separately accessed vacant self contained flats to the first and second floors.

Accommodation

Description	Accommodation
Ground Floor (Shop)	35 Sq M (377 Sq Ft)
Cellar (Storage)	Not measured
First Floor (Flat 1)	Living Room-Kitchen, Bedroom, Shower Room
Second Floor (Flat 2)	Living Room-Kitchen, Bedroom, Shower Room

Outside

Enclosed rear yard with access to upper floor flats, small outdoor toilet plus shared car parking area.

Planning

Interested parties should consult with the Local Planning Authority: Burnley Borough Council, Planning Department, Town Hall, Burnley, BB11 1JA. Tel: 01282 425 011.

Tenancy

Shop - Let by way of a 1 year lease from June 2020 at a rent of £325 pcm (£3,900 per annum). Flat 1- Vacant but was let until recently at a rent of ££325 pcm (£3,900 per annum). Flat 2- Vacant but was let until recently at a rent of ££325 pcm (£3,900 per annum).

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 27TH APRIL AND CLOSES ON WEDNESDAY 28TH APRIL.

3. The ground floor shop is entered in the 2017 Rating List as "Shop & Premises" with a Rateable Value of £2,200.

4. Each of the flats is listed with a Council Tax assessment in Band A.

5. Energy Performance Certificates = Retail (D), Flat 1 (E), Flat 2 (E).