5-11 Peel Street, Accrington, Lancashire, BB5 1EA
5-11 Peel Street, Accrington, Lancashire, BB5 1EA

The property is located on Peel Street close to the junction with Infant Street, within the town centre of Accrington. Peel Street is a busy public transport interchange and is accessed from Blackburn Road which in turn is located from Eastgate (A680).
Town centre located parade of four two storey retail units, two of which are occupied and two of which are offered with vacant possession.
Dedicated shared gated service area to the shops which is accessed from Infant Street.
Approximately 259 sq m (310 sq yds).
Long leasehold for a term of 99 years from 1st September 1966 at a current ground rent of ú1,650 per annum plus additional rental top-ups payable from time to time in accordance with the terms of the Lease.
Interested parties should consult with the Local Planning Office. Hyndburn Borough Council, Scaitcliffe House, Ormerod Street, Accrington, BB5 0PF. Tel: 01254 388111, Fax: 01254 392597.
5 Peel Street: Let to two individuals T/A Mannings by way of a 10 year FRI lease from 12th May 2008 at a current rent of ú10,000 per annum. 7 Peel Street: Let to a Limited company by way of a 10 year FRI from 6th July 2016 at a current rent of ú6,000 per annum, the lease is subject to a 5 year rent review and tenants break option. 9 Peel Street: Vacant 11 Peel Street: Vacant
VAT at the prevailing rate is payable in addition to the gavel price, unless the sale can be treated as a TOGC. This will be strictly subject to the purchaser satisfying all necessary conditions for the sale to be treated as a TOGC prior to completion.
The property is held long leasehold for a term of 99 years from 1st September 1966 at a current ground rent of ú1,650 per annum plus additional rental top-ups payable from time to time in accordance with the terms of the Lease. VAT at the prevailing rate is payable in addition to the gavel price, unless the sale can be treated as a TOGC. This will be strictly subject to the purchaser satisfying all necessary conditions for the sale to be treated as a TOGC prior to completion.