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Offers over

£1,250,000

Office for sale

Northbridge House, Elm Street, Burnley BB10

Offers over

£1,250,000

Office for sale
Northbridge House, Elm Street, Burnley BB10

    About this property

    • Local landmark, with key signposting on all main arterial roads into Burnley town centre

    • Close proximity to Burnley Central Station, just a 10-minute walk

    • Strong links to both Leeds and Manchester, 8 minutes drive to Junction 10 of the M65 motorway

    • Extensive onsite parking provision via 0.5 acre car park adjacent to the property offering future development potential

    • Thriving local landmark building on the edge of Burnley town centre offering flexible office, warehouse, storage and meeting space

    • The property extends to 51,200 sq ft with 35,000 sq ft of lettable space

    • Additional free council car park directly opposite the building featuring EV charging points

    • Significant scope for future rental growth

    Description

    Northbridge House is a thriving local landmark in Burnley which offers flexible office, warehouse and storage space to the local community.

    The property extends to 51,200 sq ft (c.35,000 sq ft lettable area accounting for communal spaces) and has operated successfully for 30+ years, becoming firmly established as a prominent local business hub.

    Full provision of on-site facilities including a recently renovated café and business lounge and a range of conference and meeting suites.

    The accommodation has been divided between modern serviced office (c.22,000 sq ft) and warehouse/self-storage units (c. 13,000 sq ft).

    Separate 0.5 acre car park offers future development potential.

    Gross passing rent is currently £367,205 per annum equating to just £10.49 psf and giving significant scope for future rental growth.

    Diverse robust revenue stream derived from multiple business sectors.

    30-year track record demonstrating consistent high levels of demand
    which would further benefit from close asset management.

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