Offers in region of
£274,995
Retail premises for saleColne Road, Burnley BB10
About this property
3 Flats Above Shop
Investment Opportunity
Running Business
Prime Location
Commercial Property
This commercial property is located at Colne Road in Burnley, occupying a prominent position on one of Burnley’s busy arterial routes. The location benefits from strong passing trade, excellent transport links, and close proximity to a wide range of local amenities, making it an ideal setting for both residential and commercial tenants. Burnley’s established retail and dining scene continues to support a vibrant and sustainable business environment.
Location
Situated on Colne Road, one of Burnley’s most well-known and highly visible roads, the property enjoys excellent accessibility and exposure. The area is well served by public transport and surrounded by a mix of residential housing, retail outlets, and food establishments, ensuring consistent footfall and demand.
Description
This full property for sale presents a brilliant investment opportunity, offering immediate rental income from both commercial and residential elements. The ground floor comprises a well-established takeaway business trading as Pizza Hot, currently let and operating successfully. The unit is ideally positioned for takeaway trade and benefits from the strong visibility and passing traffic that Colne Road provides.
Above the shop are 3-bedroom flats, which are already tenanted, providing a reliable residential income stream. The flats offer well-proportioned accommodations and are ideal for long-term rental demand in the area.This mixed-use property is perfect for investors or landlords seeking a ready-made investment with tenants in situ, combining a popular commercial unit with residential accommodation in a prime location. With its strong rental potential and strategic positioning, this property represents an excellent opportunity in Burnley’s property market.
Accommodation
Shop Floor - L 6.02m x W 4.33m
Rear Kitchen - L 6.29m x W 6.10m
Bedroom One - L 5.52m x W 2.56m
Bedroom Two - L 5.11m x W 5.12m
Bedroom Three - L 3.86m x W 3.32m
Price
Offers in the region of £274,995
Services responsibility
It is the prospective buyer's responsibility to verify that all appliances, services, and systems are in working order, and are of an adequate capacity and suitable for their purpose.
Planning
It is the prospective buyer's responsibility to verify that their intended use is acceptable to the local planning authority.
Business rates
The Business rates are paid by the buyers
Legal costs
Each party is to be responsible for their own legal costs incurred.
VAT
All prices quoted are exclusive of but may be subject to VAT at the prevailing rate
Location
Situated on Colne Road, one of Burnley’s most well-known and highly visible roads, the property enjoys excellent accessibility and exposure. The area is well served by public transport and surrounded by a mix of residential housing, retail outlets, and food establishments, ensuring consistent footfall and demand.
Description
This full property for sale presents a brilliant investment opportunity, offering immediate rental income from both commercial and residential elements. The ground floor comprises a well-established takeaway business trading as Pizza Hot, currently let and operating successfully. The unit is ideally positioned for takeaway trade and benefits from the strong visibility and passing traffic that Colne Road provides.
Above the shop are 3-bedroom flats, which are already tenanted, providing a reliable residential income stream. The flats offer well-proportioned accommodations and are ideal for long-term rental demand in the area.This mixed-use property is perfect for investors or landlords seeking a ready-made investment with tenants in situ, combining a popular commercial unit with residential accommodation in a prime location. With its strong rental potential and strategic positioning, this property represents an excellent opportunity in Burnley’s property market.
Accommodation
Shop Floor - L 6.02m x W 4.33m
Rear Kitchen - L 6.29m x W 6.10m
Bedroom One - L 5.52m x W 2.56m
Bedroom Two - L 5.11m x W 5.12m
Bedroom Three - L 3.86m x W 3.32m
Price
Offers in the region of £274,995
Services responsibility
It is the prospective buyer's responsibility to verify that all appliances, services, and systems are in working order, and are of an adequate capacity and suitable for their purpose.
Planning
It is the prospective buyer's responsibility to verify that their intended use is acceptable to the local planning authority.
Business rates
The Business rates are paid by the buyers
Legal costs
Each party is to be responsible for their own legal costs incurred.
VAT
All prices quoted are exclusive of but may be subject to VAT at the prevailing rate
Mortgage calculator
Monthly repayment
£1,375 per month
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