£295,000
(£98.40/sq. ft)
Retail premises for sale6 Cornhill, Accrington BB5
2,998 sq. ft
About this property
The property is located close to the entrance of the Arndale Centre, with adjacent occupiers including Specsavers and Sports Direct. The Arndale Centre also provides large multistorey short-term car park.
The property is within walking distance of Accrington Market Hall which is being upgraded with approximately £70million of inward investment via the Accrington Town Centre Investment Plan. The Market Hall is undertaking a major refurbishment and will be transformed into a new food, drink and leisure destination.
Modern two-storey retail premises providing a well-proportioned open plan sales area.
The ground floor is currently utilised as a coffee shop and seating area, with the first floor providing storage and staff facilities.
To the rear of the property is a communal yard area for refuse.
Lease terms
The property is currently occupied by way of a five-year lease from 10th September 2021 at a passing rental of £22,500pa.
The lease is on full repairing and insuring terms. Costa had a break clause in 2024 which was not triggered. The rent was rebased on renewal in 2021 from £45,000pa.
A copy of the lease is available upon request.
The property is within walking distance of Accrington Market Hall which is being upgraded with approximately £70million of inward investment via the Accrington Town Centre Investment Plan. The Market Hall is undertaking a major refurbishment and will be transformed into a new food, drink and leisure destination.
Modern two-storey retail premises providing a well-proportioned open plan sales area.
The ground floor is currently utilised as a coffee shop and seating area, with the first floor providing storage and staff facilities.
To the rear of the property is a communal yard area for refuse.
Lease terms
The property is currently occupied by way of a five-year lease from 10th September 2021 at a passing rental of £22,500pa.
The lease is on full repairing and insuring terms. Costa had a break clause in 2024 which was not triggered. The rent was rebased on renewal in 2021 from £45,000pa.
A copy of the lease is available upon request.
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Monthly repayment
£1,475 per month
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