Offers over
£280,000
4 bed terraced house for saleBank Street, Rossendale BB4
4 beds
1 bath
About this property
Iconic Stone Building: A striking three-storey property dating back to 1932, showcasing timeless period features and a character-rich façade.
Prime Location: Situated in the heart of Rawtenstall with prominent frontage on both Bank Street and St. Mary’s Way, ensuring excellent visibility.
Part Income-Producing: The property offers current income potential, making it ideal for investors looking for an immediate return.
Versatile Layout: Expansive ground floor space with high ceilings and large windows, perfect for retail, commercial, or office use.
Conversion Potential: Upper floors provide ample opportunity for conversion into stylish residential apartments or modern office spaces, subject to planning consent.
Natural Light: The building benefits from abundant natural light, especially on the ground floor, enhancing its appeal for commercial or residential purposes.
Historic Charm: Retains original features from its 1932 construction, offering a unique blend of historic charm with modern potential.
Unparalleled Access: Conveniently located near the A682 and A681, with seamless links to motorways and public transport networks for easy commuting.
Proximity to Amenities: Close to Rawtenstall’s bustling town centre, with shops, restaurants, and essential services just a short walk away.
Endless Development Potential: Suitable for a wide range of alternative uses, from residential apartments to mixed-use development, subject to Landlord and planning approval.
Introducing a truly iconic three-storey stone building from 1932, perfectly positioned in the heart of Rawtenstall at 3 Bank Street, Rossendale. With prime frontage on both Bank Street and St. Mary’s Way, this unique property is a rare opportunity for investors or those looking for residential alternative use. Part income-producing and now with residential planning consent. Could this exceptional property be the investment you’ve been waiting for?
Stepping inside, the building immediately impresses with its rich character and period features. The ground floor, with its expansive windows and high ceilings, benefits from excellent natural light and would be ideal for retail or commercial use. The upper floors present a wealth of possibilities for conversion, whether you envision stylish residential apartments or offices. The spacious layout and sturdy stone construction lend themselves well to modernisation while retaining the building’s timeless charm.
Outside, the building’s prime location offers unparalleled convenience. Situated at the junction of Bank Street and St. Mary’s Way, it provides excellent access to commuter routes via the A682 and A681, connecting seamlessly to the motorway network and public transport hubs. Whether you’re considering a mixed-use development or a full residential conversion, the property's proximity to Rawtenstall's bustling town centre, local amenities, and transport links makes it a highly desirable option.
This landmark building, with its character-filled façade and endless possibilities, presents a rare opportunity in a sought-after location. Could this historic property be the perfect canvas for your next investment or development project? Don’t miss your chance to transform this period gem into something truly special.
Lease Start Date: 24th April 2023
Break Option Date: 24th April 2025 - every 2 years
End Date: 23rd April 2033
Rental Amount: Monthly £1,300 & Yearly £15,600
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