Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
25 miles east of Preston, 28 miles north of Manchester, 35 miles west of Leeds
Roads
A679, A682, A671, M66, M65 (Junction 10)
Rail
Burnley Central Railway Station, Burnley Manchester Road Rail Station
Air
Leeds Bradford International Airport, Manchester International Airport
Tenure
Freehold.
Location
Miles
25 miles east of Preston, 28 miles north of Manchester, 35 miles west of Leeds
Roads
A679, A682, A671, M66, M65 (Junction 10)
Rail
Burnley Central Railway Station, Burnley Manchester Road Rail Station
Air
Leeds Bradford International Airport, Manchester International Airport
Tenure
Freehold.
Description
The property is situated approximately 400 metres to the south of Burnley Town Centre in a prominent position on the east side of Queen’s Lancashire
Way at its roundabout junction with St James’s Street. Nearby occupiers include B & M, Pets at Home, Kwik-Fit, Anvic and On Yer Bike Cycles.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is situated approximately 400 metres to the south of Burnley Town Centre in a prominent position on the east side of Queen’s Lancashire
Way at its roundabout junction with St James’s Street. Nearby occupiers include B & M, Pets at Home, Kwik-Fit, Anvic and On Yer Bike Cycles.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reviews
Ground
Retail Warehouse
1,144.21 sq m
(12,317 sq ft)
POUNDSTRETCHER LIMITED (1)
23 years 5 months from 01/11/2012 until 14/04/2036 on a full repairing and insuring lease (2)
£100,000
15/04/2018, 15/04/2021 and five yearly
Totals
1,144.21 sq m
(12,317 sq ft)
£100,000
(1) Poundstretcher was established in 1981 and is the UK’s leading discount retailer of products for the home, with more than 400 retail stores across Britain. (Source www.poundstretcher.co.uk 20/04/2015) (2)The lease provides options to determine on 14th April 2018 and 14th April 2026 on 6 months’ written notice which are personal to the current tenant only.
