5 Bacup Road, Rawtenstall, Lancashire, BB4 7NG
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5 Bacup Road, Rawtenstall, Lancashire, BB4 7NG # ▪ Part Let Investment Property ▪ 156.31 sq m (1,682 sq ft) ▪ Development Opportunity. Subject to Planning. ▪ Popular Town Centre Location ▪ Vacant Ground Floor ▪ First & Second Floors Income Producing - £6,000 pa Exclusive FOR SALE: Offers in the Region of £185,000 LOCATION SERVICES The property is located in a prominent main road position, on Bacup We understand that all mains services are available to the property, Road, close to St Mary's Way and Bocholt Way, a few minutes walk from by way of separate meters. Prospective purchasers should make their Bank Street, the bus station and The East Lancashire Railway, 0.5 miles own enquiries to satisfy themselves. to the A56, 8 miles from Bury, and 4.5 miles from Bacup. Rawtenstall is a busy, popular East Lancashire town, 17 miles from Manchester, with a PRICE population of approximately 22,000. The town has benefited from Offers in the region of £185,000 considerable regeneration investment, including a brand new transport interchange and bus station. Adjacent occupiers include a dental TENURE surgery, and hair salon. We have not had sight of the title deeds but are informed that the property is Leasehold. Solicitors should confirm this information. BUSINESS RATES The property has been assessed for rating purposes as follows: Rateable Value: 5 - £5,400 pa 5a - £4,150 pa Uniform Business Rates 2020/2021: £0.512 Prospective purchasers must check and confirm rates payable with the Local Authority. LOCAL AUTHORITY Rossendale Borough Council, The Business Centre, Futures Park, Bacup, OL13 0BB Tel: 01706 217777 DESCRIPTION A stone built, three storey, (plus basement) mid terraced, part let VAT investment property, in the heart of Rawtenstall. The ground floor is We are informed that VAT is not payable in addition to the rents and vacant and was most recently Let to a Credit Union. The first and second prices quoted. floors are let to a Podiatry & Physiotherapy Clinic, on a 6 year lease from November 2015, with a passing rent of £6,000 per annum. The current VIEWING lease therefore expires in November 2021. Strictly by prior appointment with Breakey and Nuttall. Please refer to the notes section below. The property retains lots of period detail, and is considered suitable for alternative uses/redevelopment, subject to consent. The ground floor NOTE: has an entrance vestibule, large open plan office, private rear office, The Code of Practice on Commercial Leases in England and Wales strongly kitchen and WC facilities, along with ancillary storage and corridor. The recommends that a prospective Tenant obtains professional advice from a qualified first and second floors have their own entrance, separate meters and surveyor or solicitor before agreeing and signing a business tenancy agreement. boilers, and are mainly arranged as treatment rooms, staff and visitor The Code is available at; http://www.leasingbusinesspremises.co.uk/ facilities, and ancillary storage. The basement room is currently These details are believed to be correct at the time of compilation but maybe accessed externally, although there is an internal staircase that is sealed. subject to subsequent amendment. Measurements and floor areas are given as a guide and should not be relied upon. No tests have been carried out on any service FLOOR AREAS installations, plant, machinery, equipment or fixtures and fittings referred to in Ground Floor 59.77 sq m (643 sq ft) these particulars and no warranty is given as to their condition or operation. We have not been provided with any of the following compliance records for the First Floor 50.49 sq m (543 sq ft) property: Asbestos Management Survey & Risk Register/Annual Gas Safety Second Floor 46.05 sq m (496 sq ft) Certificate/Fixed Wiring Certificate (known as an EICR)/Legionella Risk Assessment. Viewing is at prospective purchasers/tenants own risk. TOTAL 156.31 SQ M (1,682 SQ FT) Prospective purchasers/tenants must check and confirm rates payable with the Local Authority, the Postcode with Royal Mail and should also ensure that telecoms Basement 39.28 sq m (423 sq ft) and mains service provision is sufficient for their purpose. Circumstances may change beyond our control after the publication of these particulars. Subject to Lease/Contract VB/GDO/A641 September 20 .