Hair Salon Premises ideally suited for a variety of retail uses
• Heavily trafficated road in prime location
• Full height display window on to Padiham Road
OVERVIEW
For sale by the Modern Method of Auction: Starting bid price £75,000 plus reservation fee. This property is for sale by the Great North Property Auction powered by 'Iam-sold'.
The property is situated on Padiham Road (A671), the main arterial route linking Padiham to Burnley town centre. Immediate access is available to junction 10 of the M65 motorway and Burnley town centre is within approximately 5 minutes drive.
A mid-terraced property of stone construction beneath a pitched slate roof. The property has been occupied for a number of years as a Hair Salon and comprises a reception area, two salon rooms and a kitchen to the ground floor. A further two store rooms and a bathroom are available to the first floor.
The property has the benefit of a full height glazed display window offering excellent frontage onto Padiham Road which benefits from a high level of passing traffic.
The property is ideally suited for a variety of retail uses however may suit alternative uses subject to the appropriate Planning consent.
Ground Floor
Reception
2 Salon rooms
Kitchen 56.17 sq.m (604.66 sq.ft)
First Floor
Store room 1
Store Room 2
Bathroom 28.32 sq.m (304.92 sq.ft)
GIA 84.5 sq.m (909.58 sq.ft)
The property has the benefit of all mains services.
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.
It is the prospective Purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.
We are informed by the Valuation Office Agency website that the property has a Rateable Value of £2,250 per annum (2018/19). Small Business Rates relief may be available and further enquiries should be directed to Burnley Borough Council on .
Each party is to be responsible for their own legal costs incurred.
An Energy Performance Certificate is available upon request.
All prices quoted are exclusive of but may be subject to VAT at the prevailing rate.
Petty Chartered Surveyors
Imperial Chambers, Manchester Road
Burnley, BB11 1HH
Tel. www.pettycommercial.co.uk
AUCTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction which is not to be confused with traditional Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date that the buyer's solicitors is in receipt of the draft contacts and a further 28 days thereafter to complete.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 4.2 % subject to a minimum of £6,000 + VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the reservation form and all terms and conditions can be found in the legal pack which can be downloaded for free from www.agentauctionpage. co.uk.
Please note that the property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid. Both the starting bid and reserve price can be subject to change. Terms and Conditions apply to the Modern Method of Auction, which is operated by the Lancashire Property Auction powered by 'iam-sold'.