Property Details
Pugh Auctions
Lot 062
Lot 062
Auction: October 2018

1 Preston New Road/2 Simmons Street, Blackburn, Lancashire, BB2 1AX

Property Details
Location

The property is located at the junction of Preston New Road (A677) and Simmons Street which is accessed from Barbara Castle Way (A6078) in an established retail location of Blackburn town centre. Junction 6 of the M65 motorway is approximately 4 miles to the east.

Description

To be sold by auction. Freehold three storey (plus basement) corner located town centre retail & office premises which is fully let with a current rent reserved of £20,720 per annum. The upper floors would suit a change of use to residential subject to gaining the necessary consents.

Accommodation

We detail below the following details taken from the VOA website:

1 Preston New Road (Retail Unit):

Ground Floor:
Sales, Offices, Staff Areas and Storage
120 sq m
1,291 sq ft
2a Simmons Street:


Basement:

64 sq m
689 sq ft
Taxi Office:

Not measured
----------
First Floor (Front):
Hairdressers
Not measured
----------
First Floor (Rear):
Storage and Offices
Not measured
----------
Second Floor:
Offices and Gentleman's Barber Salon
Not measured
----------

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Blackburn with Darwen Borough Council, Town Hall, Blackburn, Lancashire, BB1 7DY. Tel: 01254 585960 or email: planning@blackburn.gov.uk.

Tenancy

Each tenant pays insurance and utilities separately, please see the legal pack for full details.

Ground Floor Retail Unit:
Let to Adecco UK Limited (Company number 00593232) by way of a 10 year lease from 1st August 2011 at a current rent of £11,500 per annum. The lease allows for a rent review on 1st August 2019 and a tenants option to break the lease on the 31st July 2019. The tenant is currently not in occupation of the unit but is complying with the terms of the lease.
Basement:
Let by way of a 3 year lease granted to two individuals (Trading as a Taxi Office) at a rent of £1,560 per annum.
The First Floor (Front Office):
Let by way of a 7 year lease (holding over) granted to an individual at a rent of £5,250 per annum.
The First Floor (Rear Office):
Let by way of a licence agreement at a rent of £250 per annum.

The Second Floor (Front Office):
Let by way of a 3 year lease from 10th July 2017 granted to an individual at a rent of £2,160 per annum.


General

Energy Performance Certificate = C

Addendum

This lot has SOLD PRIOR to the auction.

Property Location Address:
1 Preston New Road/2 Simmons Street,
Blackburn,
Lancashire,
BB2 1AX
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Auction Details
Auction: October 2018 Date: 18th October 2018 Lot Number: 062 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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