Lot
032
Auction Ends: 25/05/2022

Former Council Building, 57a, 59, 61, 63 & 65 Burnley Road, Padiham, Burnley, Lancashire BB12 8BU

Property Details
Location
Location
The property fronts Burnley Road (A671), opposite the junction with Station Road, in the centre of Padiham. Burnley town centre is approximately 4 miles to the south east and Junction 8 of the M65 motorway is 2 miles to the south.
Description
A substantial three storey period building extending to approximately 820 Sq M (8,719 Sq Ft) on a site extending to approximately 0.04 Hectares (0.11 Acres). The property comprises the former Padiham Youth Centre, which is now vacant, together with three retail units which are fully let and producing a combined rent of £18,285 per annum. The property presents a refurbishment and investment opportunity and may be suitable for a variety of uses, subject to obtaining the necessary consents.
Accommodation

DescriptionSq MSq Ft
Ground Floor:
Former Youth Centre
59 Burnley Road
61-63 Burnley Road
65 Burnley Road

68.5
33
146
22.5
270

737
355
1,572
242
2,906
First Floor:
Former Youth Centre

271

2,917
Second Floor:
Former Youth Centre

269

2,896
Total:8108,719

Outside
There is a communal parking and covered yard area to the side and rear.
Approx Site Area
Approximately 0.04 Hectares (0.11 Acres).
Planning
Interested parties should consult direct with the Local Planning Authority: Burnley Borough Council, Town Hall, Manchester Road, Burnley, BB11 9SA. Telephone: 01282 425 011. Email. [email protected]
Tenancy
57a Burnley Road (Padiham Youth Centre) - Vacant.
59 Burnley Road - Let for 5 years from 14 October 2021 at £5,000 per annum.
61-63 Burnley Road - Let for 5 years from 6 April 2020 at £9,785 per annum.
65 Burnley Road - Let for 5 years from 8 September 2020 at £3,500 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 24TH MAY AND CLOSES ON WEDNESDAY 25TH MAY.

3. The property is entered in the 2017 Rating List with the following assessments:

57a Burnley Road: "Community Centre & Premises" - RV £6,100.
59 Burnley Road: "Cafe & Premises" - RV £3,850.
61-63 Burnley Road: "Shop & Premises" - RV £6,400.
65 Burnley Road: "Shop & Premises" - RV £2,750.

The RV (Rateable Value) is not the amount payable.

4. Energy Performance Certificate = D.

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