Nolan Redshaw Commercial Property Specialists

BANK STREET

BANK STREET, RAWTENSTALL, BB4 7QN

UNDER OFFER

FOR SALE

£480,000.00

 

Size: 2515 Sq Ft

Status: Under Offer

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PROPERTY DESCRIPTION

The stone-built, end terraced property provides three separate premises with two long established commercial users on the ground floor, as well as a spacious residential apartment on the upper floors. 45A Bank Street - Bank Street News The property comprises of a ground floor retail unit which has been trading as Bank Street News for some time. The premises have the benefit of plenty of passing footfall, being only yards away from the town's bus station. Internally, the property consists of an open plan retail area with WC and kitchenette to the rear. 45 Bank Street - Scentish Ltd This gable end, retail premises benefits from a return frontage to both Bank Street and Kay Street. It has been occupied by Scentish since 2019. The property benefits from an electric security roller shutter; gas-fired central heating, and high spec decor throughout. To the rear of the premises, a kitchenette and WC are insitu, together with a stone staircase to a spacious basement, ideal fo

The premises are situated on Bank Street in Rawtenstall, within the heart of the town centre. The location enables easy access to the M66 and M65 motorways. Bank Street is the main retailer in Rawtenstall town centre and other occupiers in the vicinity include Boots; Greggs, and a number of local independent traders. Adjacent to the premises is the newly developed bus station. The street is known for its charming character, with various shops, restaurants and businesses, making it a vibrant part of the town's community.

Area 2,515 Sq. ft. (233.64 Sq. m.)

Offers in the region of £480,000. This reflects a net reversionary yield of 7.17%

An Energy Performance Certificate has been prepared and can be made available on request.

Business Rates - 45A - £9,100 pa / 45 - £11,000 pa

Rents and prices, where quoted, are exclusive of, but may be liable to, VAT at the prevailing rate.

Strictly by appointment with the Sole Agent: NOLAN REDSHAW Contact: Jonathan Pickles Tel: 0161 763 0825 Email: jonathan@nolanredshaw.co.uk

  • Prime town centre investment
  • Rare opportunity
  • Immaculate condition throughout
  • Fully let at £36,000 per annum
  • Each party is responsible for their own legal fees incurred in the transaction.

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