Retail, Investment Available
42-44 Albert Road, Colne, Lancashire
£295,000
Available
Key Details
Available
3,101
Retail, Investment
Commercial For Sale
Property Description
An ideal investment / owner occupier opportunity to acquire a prominent retail premises in a busy roadside location close to all town centre amenities.
The property comprises a substantial stone built, three storey property with a double fronted retail unit to the ground, first and lower ground floors, and a large self contained apartment to the first and second floors.
The retail accommodation comprises two interconnected showrooms, with a kitchenette, WC, and various store rooms arranged over the ground floor, basement and part of the first floor. There is a goods lift which provides useful loading facilities to each floor of the retail premises.
Accessed via an external staircase to the rear of the property is a large self contained apartment comprising three bedrooms, two reception rooms, a kitchen and bathroom. The apartment benefits from new electric radiators throughout and a brand new, modern fitted kitchen and bathroom. The property also has the benefit of 16 solar panels to the front roof pitch, allowing for savings in electricity consumption.
Location
The property is located on Albert Road (A56), the main arterial route leading into the town centre of Colne. Conveniently located within a short drive from junction 14 of the M65 motorway, the property occupies a prime roadside position benefiting from a high level of passing traffic. Other established occupiers in the immediate area include Stanley House Vets, various Solicitors, Estate Agents and independent retailers.
Accommodation/Site investigation
42 Albert Road (Ground Floor)
Front Showroom 16.68 sq.m 179.54 sq.ft
Middle store room 12.91 sq.m 138.96 sq.ft
Rear store room 1 8.52 sq.m 91.7 sq.ft
Rear store room 2 12.92 sq.m 139.1 sq.ft
WC 2.78 sq.m 29.92 sq.ft
First floor store 20.97 sq.m 225.72 sq.ft
Basement store 18.09 sq.m 194.72 sq.ft
44 Albert Road (Ground Floor)
Showroom 46.74 sq.m 503.1 sq.ft
Store room 10.64 sq.m 114.52 sq.ft
Kitchenette / Utility 10.15 sq.m 109.25 sq.ft
Basement store 20.57 sq.m 221.41 sq.ft
Apartment 44 Albert Road (First Floor)
Dining room 15.23 sq.m 163.93 sq.ft
Lounge 21.32 sq.m 229.48 sq.ft
Bedroom 1 18.3 sq.m 196.98 sq.ft
Kitchen 5.8 sq.m 62.43 sq.ft
Bathroom 4.57 sq.m 49.19 sq.ft
Second Floor
Bedroom 2 20.83 sq.m 224.21 sq.ft
Bedroom 3 21.05 sq.m 226.58 sq.ft
GIA: 288.07 sq.m 3,100.75 sq.ft
Services
The property has the benefit of mains electricity and water.
Services responsibility
It is the prospective Purchaser's responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.
Planning
It is the prospective Purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.
Price/Rent
£295,000
Legal costs
Each party is to be responsible for their own legal costs.