Property Details
Pugh Auctions
Lot 068
Lot 068
Auction:

Hammerton House, Hammerton Street, Burnley, Lancashire, BB11 1NA

Property Details
Location

The property is situated on Hammerton Street in an established town centre location and in close proximity to its junction with St James Street, which comprises the main pedestrianised retail location in Burnley town centre.

Description

Three storey town centre mixed use property which comprises 5 retail and nightclub units to the ground floor level (4 of which are let and 1 which is vacant). The upper floors are separately accessed via a central stairwell from the street level and benefits from intercom access and from a goods lift to the rear. The first floor is arranged as 6 individual office suites plus two suites on a separate mezzanine floor area. The second floor is arranged as 5 separate units which are let by a number of sports and social clubs and includes a caretakers flat.

Accommodation

The following details have been taken from the VOA website: Ground Floor: 9 Hammerton Street Retail Unit 262 sq m (2,819 sq ft) 11 Hammerton Street Retail Unit 132 sq m (1,420 sq ft) 13/19 Hammerton Street Nightclub Premises Not measured 21 Hammerton Street Retail Unit 81 sq m (872 sq ft) 25/29 Hammerton Street Nightclub Premises Not measured First Floor: 5-6 Individual Office Suites Second Floor: Three individual Leisure / Office Demises plus Caretakers Flat.

Outside

Rear access for servicing and for the goods lift.

Approx Site Area

Approximately 0.11 Hectares (0.26 Acres).

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Burnley Borough Council, Town Hall, Manchester Road, Burnley, BB11 1JA. Tel : 01282 425011.

Tenancy

Ground Floor Retail Units & Nightclubs: 9 Hammerton Street: Trading as Flames on a 10 year lease from December 2010 at a rent of ú16,000 pa 11 Hammerton Street: Corals Bookmakers on a 10 year lease from September 2008 at a rent of ú11,000 pa 13/19 Hammerton Street: POS UK Limited on a 6.5 year lease from November 2011 at a rent of ú39,000 pa 21 Hammerton Street: Vacant 25/29 Hammerton Street: Cocktail Leisure Limited on a 10 year lease from June 2015 at a rent of ú25,000 pa Total: ú91,000 per annum First Floor & Mezzanine Floor: All units vacant Second Floor: Various tenancy agreements giving a total rental income of ú6,078 pa

VAT

VAT is payable in addition to the purchase price.

General

Energy Performance Asset Ratings: Unit F8, Unit F3/F4 = D. Unit F9 = B. Suite 8 = E. Unit F5/F6 = C. The footbridge to the rear of the property is included within the sale and this has a separate land registry title which is included within the legal pack.

Addendum

Please see the legal pack for full confirmation of the tenancy schedule. The footbridge to the rear of the property is included within the sale and this has a separate land registry title which is included within the legal pack.

Property Location Address:
Hammerton House,
Hammerton Street,
Burnley,
Lancashire,
BB11 1NA
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Auction Details
Auction: Date: 1st January 1970 Lot Number: 068
Address:

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