Property Details
Pugh Auctions
Lot 046a
Lot 046a
Auction: October 2019

6a, 6b, 6c & 7 Market Street, Darwen , Lancashire, BB3 1AZ

Property Details
Location

The property is positioned in an established and popular town centre location fronting on to Market Street. Nearby retailers include Boots and Santander. Darwen railway station is nearby and the M65 motorway is approximately 3 miles to the north.

Description

Town centre three storey (plus basement) retail investment comprising two ground floor units plus two separately accessed first & second floor units. The property includes a rear service yard & car park for approximately 5 vehicles. The total current rent reserved is £19,700 per annum plus there is a separately accessed rear basement of approximately 115 sq m (1,237 sq ft). Planning consent has been granted for the conversion of the first floor to provide 1 no. flat.

Accommodation

We detail below the following accommodation and approximate net internal floor areas which have been provided by the joint agent:

6a Market Street (Ground Floor):
Sales, Offices, Store and Staff Areas
60 sq m
646 sq ft
6b Market Street (First Floor):
Sales
44 sq m
473 sq ft
6c Market Street (First Floor):
Four Rooms
66 sq m
710 sq m
7 Market Street (Ground and Basement):
Sales, Offices, Store and Staff Areas
121 sq m
1,302 sq ft
Basement:
Accessed from rear car park
115 sq m
1,237 sq ft
Total:

406 sq m
4,368 sq ft


Outside

Rear service yard and car park for approximately 5 vehicles.

Tenure

Leasehold for a term 900 years from 11th January 1870.

Planning

The property benefits from planning consent (10/19/0096) for change of use from vacant first floor to one flat. 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


  • 6A Market Street- Is let by way of a 6 year FRI lease from 1st April 2014 granted to two individuals at a rent of £7,000 per annum.

  • 7 Market Street- Is let by way of a 5 year FRI lease from 24th May 2016 granted to Your- Move. Co.UK at a rent of £11,500 per annum.

  • Basement - Let at a rent of £1,200 per annum. (Verbal Agreement)

General

1.) We understand each unit is self contained and has its own services connected to it.

2.) Energy Performance Certificate = D.

Addendum

Flats 6 b & c are now being sold with vacant possession. The total rent reserved we believe to be £19,700 although £1,200 of that income is via a verbal tenancy only.

Property Location Address:
6a,
6b,
6c & 7 Market Street,
Darwen ,
Lancashire,
BB3 1AZ
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Auction Details
Auction: October 2019 Date: 15th October 2019 Lot Number: 046a Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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