Retail premises for sale in Walpole Street, Lower Audley, Blackburn BB1

Offers in region of £495,000 (£51.5/sq. ft)
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Retail premises for sale

9,612 sq. ft*

Property description

Detached warehouse/trade counter premises fronting Walpole Street just off Lower Audley Street (A679) approximately half a mile south of Blackburn town centre. This is a sought-after trade counter location and is close to Towns Moor Retail Park, Blackburn Ice Arena and the Vue Cinema. The bus and railway station is within a few minutes' walking distance. Junctions 5 and 6 of the M65 are both within 1.5 miles.
Steel portal framework construction with cavity brick elevations and thereafter overclad in insulated profile metal sheeting incorporating translucent roof panels. Internally, the premises have been arranged to provide a warehouse facility with a partitioned trade counter/retail facility with good quality staff offices, kitchen and toilets along the side elevation. The warehouse is loaded to a generous tarmacadam yard and parking area. The warehouse has a solid concrete floor, LED lighting and an internal eaves height ranging from 4.55 metres at the haunch to 6.5 metres at the apex.

Underlease:
The premises are leased to Edmundson Electrical Limited (company registration number 02667012). The current lease commenced on the 19th January 2023 for a term of five years with a rent passing of £36,000 per annum. Edmundson Electrical have been in occupation since 1989. The lease is full repairing.

Net rent receivable £29,550 per annum.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Trevor Dawson, BB1 on +44 1254 789768 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Trevor Dawson, and do not constitute property particulars. Please contact Trevor Dawson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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