53 King William Street, Blackburn, Lancashire, BB1 7DJ
53 King William Street, Blackburn, Lancashire, BB1 7DJ





The property is located in a prominent and prime retail position on King William Street, close to the junction with Town Hall Street, with nearby occupiers including Marks & Spencer, Wilko and Sports Direct.
A fully let town centre retail and office investment producing a combined income of £17,200 per annum. The ground floor and basement are let to Easy Coffee by way of a 10 year lease from April 2017 at a rent of £12,000 per annum and was refurbished/fitted out at the commencement of the lease. The first and second floor is let to Square Cactus by way of a 2 year lease from June 2015 (holding over) at a rent of £5,200 per annum. The offices are separately accessed and fitted with their own kitchen and toilet. The office tenant (Square Cactus) has served notice and will be vacating the premises on 1 October 2021.
We understand the property is freehold.
Interested parties should consult direct with the Local Planning Authority: Blackburn with Darwen Borough Council, Town Hall, King William Street, Blackburn, BB1 7DY. Telephone: 01254 585 960. Email: [email protected]
The ground floor and basement are let to the Easy Coffee franchise from 28 April 2017 for a term of 10 years at a current rent of £12,000 per annum, rising to £15,000 per annum at the fifth anniversary.
The first and second floor is let to Square Cactus from 16 June 2015 for a term of 2 years at a rent of £5,200 per annum. The tenant has served notice and will be vacating the office premises on 1 October 2021.
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
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 21ST SEPTEMBER AND CLOSES ON WEDNESDAY 22ND SEPTEMBER.
3. The property is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £24,000.
4. Energy Performance Certificate = G.
The office tenant (Square Cactus) has served notice and will be vacating the premises on 1 October 2021.