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Retail premises for sale

£115,000 (£191.48/sq. ft)

9 Standish Street, Burnley BB11

Retail premises for sale 601 sq. ft*
Interested in this property? Call +44 1282 522991 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Stone built retail investment in popular trading position
  • Refurbished property including modern shop front and electric shutters
  • Let by way of a new three-year lease at an annual rent of £9,000
  • Ideal investment property being suitable for a sipp or ssas
  • Attractive yield of 7.8% before purchasing costs
  • Restricted on street car parking available on both sides of Standish Street
  • Located close to the Pioneer Place being the new cinema and restaurant development
  • Positioned close to Primark, Next and Marks & Spencer's

Property description

Location

The property is positioned towards the bottom of Standish Street close to the Charter Walk Shopping Centre, Primark, Next and a brand new retail development.

Standish Street is a busy parade with a strong student footfall being positioned close to the university and Sainsbury's supermarket.

Description

A two storey stone built premises in a highly prominent position close to Primark, Charter Walk Shopping Centre, Next and a brand new multi million pound retail development.

The property is occupied by a private tenant by way of a new three-year lease commencing on the 7th day of August 2023.

The property has been refurbished in recent years including a new shop front and electric shutters.

Internally the property offers two storey open plan retail accommodation having suspended ceilings with LED lighting, vinyl wood effect flooring and modern bathroom facilities.

Standish Street has restricted on street car parking available on both sides of the road.

VAT

We understand the purchase price is not subject to VAT.

Services

The property has the benefit of mains water and electricity.

Legal Costs

Each party is to be responsible for their own legal costs.

Viewings

Please contact the agents:

Kelly McDermott

Jonathan Wolstencroft

Whiteacres Property
Church House,
10 Church Street,
Burnley,
BB12 8HG

Accommodation

The accommodation has been measured on a net internal basis excluding the staircase and extends to the following approximate areas:

Services Responsibility

It is the prospective purchaser's responsibility to verify that all services, appliances are in working order and are of suitable purpose being adequate for their needs.

Property info

Floorplan(s): Photo 17

Photo 17 View original

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Whiteacres, BB12 on +44 1282 522991 * (local rate)

Contact Whiteacres about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Whiteacres, and do not constitute property particulars. Please contact Whiteacres for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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