Investment Available
149 Nairne Street, Burnley, Lancashire
£135,000
Available
Key Details
Available
2,500
Investment
Commercial For Sale
Property Description
A substantial detached stone building that has its accommodation arranged over three floors. The first floor has been converted into two apartments. The first being an L shaped studio apartment comprising Kitchen with matching wall and base units with integrated oven and hob and white bathroom suite this apartment has been let on a 6 month agreement paying £410 pcm. The second a one bedroomed apartment with open plan kitchen and living room, double bedroom and bathroom with white three piece suite. This is currently occupied by a long term tenant paying £300 pcm.
Total gross income is £8,520 p.a
The ground floor which has separate access is split into two commercial units one of which is let, the other occupied by current owner for storage.
There is potential here to create two shop fronts and turn these into functional offices or possible residential. There is also a large basement also used for storage.
Current gross income £2,000 pa
Location
Nairne Street is located just off Coal Clough Lane close to the junction with Prestwich Street at the top end of Nairne Street.
Burnley Town Centre and its amenities are within an approximate 10 minute drive and there is a regular bus service close by.
Accommodation/Site investigation
Ground Floor
Commercial unit 1
Commercial unit 2
First floor
Apartment 1
Apartment 2
Basement Storage
GIA 32.2 sq.m 2500 sq.ft
Services
The property has the benefit of all mains services. The flats have gas central heating.
Services responsibility
It is the prospective purchasers 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 purchasers responsibility to verify that their intended use is acceptable to the local planning authority.
Price/Rent
Offers over £135,000
Legal costs
Each party is responsible for their own legal costs.