15-19 Croft Street, Darwen, Lancashire BB3 1BG

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Property Details

Location

Description

A three-storey former bank premises which has been refurbished to a high standard to comprise a community hub on the ground floor with two apartments on the first and second floors, each having one bedroom. Th community hub extends to approximately 406.4 Sq M (4,374 Sq Ft) over ground floor and basement and is let by way of a 6 year lease from October 2020 at a rent of £30,000 per annun. Each of the flats is let by way of an AST agreement at a rent of £80 per week (£4,160 per annum). The combined annual rent is £38,320.

Location

The property occupies a prominent corner position at the junction of Croft Street and Market Street in Darwen town centre. Immediately opposite the Market Hall close to a number of professional retailers. Darwen is a busy market town situated on the
A666 Blackburn to Bolton trunk road and lies approximately 1.5 miles south of Junction 4 of the M65 motorway.

Accommodation

Desciption	Accommodation
Basement (Storage) Ground Floor (Community Hub) Total	148.7 Sq M (1,600 Sq Ft) 257.7 Sq M (2,774 Sq Ft) 406.4 Sq M (4,374 Sq Ft)
First Floor (Apartment)	Living Room, Kitchen, Bedroom, Bathroom
Second Floor (Apartment)	Living Room, Kitchen, Bedroom, Bathroom

Approx Site Area

Approximately 203 Sq M (243 Sq Yds).

Tenure

Unknown

Planning

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]

Tenancy

The ground, part first floor and basement are let as a community hub for a term of six years with effect from 19 October 2020 at a rent of £30,000 per annum. The lease excludes the Security of Tenure Provisions of the Landlord & Tenant Act 1954.

Apartment 1 (17 Croft Street) is let by way of an Assured Shorthold Tenancy agreement from 8th October 2012 at a rental of £80 per week (£4,160 per annum).

Apartment 2 (17B Croft Street) is let by way of an Assured Shorthold Tenancy agreement from 1st June 2020 at a rental of £80 per week (£4,160 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 refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 6TH DECEMBER AND CLOSES ON WEDNESDAY 7TH DECEMBER.

3. The property is entered in the 2017 Rating List as "Community Centre and Premises" with a Rateable Value of £5,200. The Rateable Value (RV) is not the amount payable.

4. Energy Performance Certificate = B.