Blackburn Road, Great Harwood, Blackburn Commercial Property For Sale

£194,500

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Monthly repayments £0
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LTV 85%
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  • Mixed commercial and residential investment
  • Potential of ?2000 rental income per month
  • Two commercial shops - one occupied
  • Three residential self contained flats - two occupied
  • High street location with high passing trade and footfall
  • Huge potential
  • Close to local amenities
  • Close to town centre
  • No chain
  • No delay

Property Description

CALLING ALL INVESTORS!! Duffin's Estate Agents are pleased to offer for SALE this mixed commercial and residential property for sale in the town centre of Great Harwood. This income producing premises briefly comprises of two commercial shops on the main high street and three residential flats to the rear of the property.

Location
The property is located in Great Harwood, a small town in the Hyndburn district of Lancashire, 4.5 miles (7.2 km) north-east of Blackburn. Most of the retailers in the town are local occupiers serving the needs of the community; however national retailers with a presence include Boots Pharmacy, Morrison's, Tesco's, Age UK and Domino's Pizza.

Premises:
Commercial Shop 1: Currently Occupied by a catering business at ?350.00 pcm. The premises consists of a cafe area to the front, kitchen and WC to the rear.

Commercial Shop 2: Currently vacant being advertised for Let. The shop has previously been occupied by a Hairdressers at ?450.00 pcm. The shop comprises of one large room and two smaller rooms to the rear, WC and kitchen.

Both shops are serviced by individual meters with added benefit of on street parking and a council owned car park to the side of the property.

Residential Flats: To the rear, there are three self contained flats each comprising of open plan lounge & kitchen, one bedroom and three piece bathroom. Two are currently occupied at ?320.00 pcm and one is vacant and being advertised to let. Each of the flats run on a prepayment electric system with individual meters.

Potential of ?2000.00 per calendar month income once fully let.

Vacant Shop Room 1 4.30m (14' 1') x 8.02m (26' 4')
Vacant Shop Room 2 2.51m (8' 3') x 3.54m (11' 7')
Vacant Shop Room 3 4.26m (14' 0') x 2.60m (8' 6')
Residential Flats Lounge/Kitchen 3.08m (10' 1') x 4.38m (14' 4')
Residential Flats Bedroom 4.11m (13' 6') x 3.12m (10' 3')
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Property Reference: BNC16BLACKBURN

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Fee Information

The advertised rental figure does not include fees.