Property Details
Pugh Auctions
Lot 016
Lot 016
Auction: February 2020

Brookhouse Business Centre, Whalley Range, Blackburn, Lancashire, BB1 6BB

Property Details
Location

The property is located fronting Whalley Range, in an established mixed commercial and residential area, less than 1 mile from Blackburn town centre.

Description

THIS LOT WILL NOT BE SOLD PRIOR TO AUCTION. An established multi-let commercial investment property comprising 6 no. self contained units, five of which are currently fully let and producing an income of £38,297 per annum. There is an opportunity to extend the development to create additional accommodation, subject to obtaining the necessary consents.

Accommodation


DescriptionSq MSq Ft
Unit 1132.001,421
Unit 2124.401,339
Unit 388.25950
Unit 489.50963
Unit 5, 6 & 7a*203.402,189
Unit 7b*95.001,023
Total
732.557,885
* Floor areas taken from VOA website.

Outside

There is a central tarmac surfaced yard and parking area serving the units.

Approx Site Area

Approximately 0.35 Hectares (0.86 Acres).

Planning

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

Tenancy


DescriptionLease TermEnd DateRent (per annum)
Unit 1
10 years
(Lease yet to be signed)
31.03.2027£11,000
Unit 2
5 years
11.05.2024£7,398
Unit 35 years31.08.2022£4,559
Unit 45 years12.07.2023£5,540
Unit 5, 6 & 7a5 years12.07.2023£9,800
Unit 7bVacant
£6,064

General

1. The properties are listed in the 2017 Rating List as follows:

Unit 1: Training Centre & Premises - RV £9,000
Unit 2: Workshop & Premises - RV £5,400
Unit 3: Workshop & Premises - RV £3,050
Unit 4: Workshop & Premises - RV £4,450
Unit 5, 6 & 7a: Store & Premises - RV £7,800
Unit 7b: Offices & Premises - £5,200

2. The area shaded pink has been sold by way of a 750 year lease at a peppercorn rent.

3. Energy Performance Certificates are as follows:
Unit 1: C
Unit 2: D
Unit 3: C
Unit 4: E
Units 5-7a: D
Unit 7b: C

Addendum

1. Unit 7b is now vacant, having previously been tenanted at £6,064 per annum, and the amended combined rent is now £38,297 per annum. 2. The lease for Unit 2 has now been completed for a term of 5 years from 12 May 2019.

Property Location Address:
Brookhouse Business Centre,
Whalley Range,
Blackburn,
Lancashire,
BB1 6BB
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Auction Details
Auction: February 2020 Date: 25th February 2020 Lot Number: 016 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Stadium Way,
Manchester,
M30 7EY

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