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Units 1&2 2 Queens Lancashire Way

12,161 SF 38% Leased Retail Building Burnley BB11 1HA $1,376,170 ($113/SF) 5% Cap Rate

Investment Highlights

  • Highly prominent modern purpose-built commercial premises.
  • Located on the outskirts of Burnley town centre.
  • Provides car parking for 70 vehicles.

Executive Summary

We are informed that the premises are available to purchase freehold under title number LA959410. Offers in excess of £1,100,000.00 (One Million Three Hundred Thousand Pounds) excl. are invited.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
12,161 SF
Building Class
B
Year Built
1995
Price
$1,376,170
Price Per SF
$113
Cap Rate
5%
NOI
$68,808
Percent Leased
38%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.75 AC
Parking
70 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
90 FT on Queens Lancashire Way

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 5,268 SF
  • Retail
  • In-Line
  • Now

The space compromises 5,266 sf of ground floor retail accommodation with storage and mezzanine area. The property is available by way of an effective full repairing and insuring lease on terms to be negotiated.

Space Size Space Use Position Available
Ground 5,268 SF Retail In-Line Now

Ground

Size
5,268 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 5,268 SF
Space Use Retail
Position In-Line
Available Now

The space compromises 5,266 sf of ground floor retail accommodation with storage and mezzanine area. The property is available by way of an effective full repairing and insuring lease on terms to be negotiated.

Nearby Major Retailers

Anne Mercer
The Co-operative Bank
Santander
Barclays
Nando's
Starbucks
JD Gyms
Lloyds Bank
Farmfoods
eurochange
  • Listing ID: 32701771

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 2 Queens Lancashire Way, Burnley BB11 1HA

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