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• FOR SALE / TO LET
• Car Dealership Premises With Workshop
• (Potential for alternative use/redevelopment)
• 13,990 sq ft on a site area of 0.878 acres (0.355 hectares)
• Prominent location midway between Blackburn town centre and J6 M65 motorway
• Competitive price and rental
Price: Offers in the region of £915,000 are sought for our client's freehold interest
Rental: £70,000 per annum
The property is situated on Pendle Street but with extensive frontage to Copy Nook the main arterial road linking Blackburn town centre with Junction 6 of the M65 motorway.
Occupiers in the vicinity include ATS Euromaster, Youles Motorcycles, NatWest Bank. There are other motor dealerships within approximately 0.5 mile including Stoneacre Blackburn, Marshall Mercedes Benz and Evans Halshaw.
The property comprises a purpose built motor dealership constructed in the mid 1990's.
The property was previously occupied by Renault and Volvo. It has the benefit of two large retail showrooms and two individual workshops to the rear with office and ancillary space.
The specification includes tiled floors to the retail area, sodium bulb lighting, heating throughout and externally there are tarmacadam parking and loading areas which wrap round the building providing parking for approximately 83 vehicles in marked bays
We have calculated that the floor area of the premises is as follows :
Offices & Storage
All mains services are available to the premises, including 3 phase power and gas
The property is currently assessed as a whole with a rateable value of £96,000.
It is anticipated that the rates payable will therefore be in the region of £48,000
The property is available by way of a new lease to be held on full repairing and insuring terms for a minimum period of 10 years. The lease will incorporate an upward only rent review on the fifth anniversary.
Rent is to be paid quarterly in advance and exclusive of the costs of occupation, which would include business and water rates, electricity and gas.
The rent is subject to VAT at the prevailing rate
An EPC is available on request
VAT is applicable to figures quoted in these particulars
There is a restrictive covenant on the title in favour of Blackburn Borough Council dated 14th February 1990 which prohibits the land or buildings to be used for the purpose of retail food sales
Understood to be freehold. Full details on request
Offers in the region of £915,000 are sought for our client's freehold interest
£70,000 per annum
In respect of a leasehold transaction the ingoing tenant will be responsible for the landlord's reasonable legal costs.
The property has been used as a motor dealership for a number of years and we understand that this use will be permitted.
Interested parties are recommended to contact the Local Planning Authority to discuss alternative use in greater detail
Strictly through agents