115-117 Albert Rd 1,239 SF 100% Leased Retail Building Colne BB8 0BT $603,986 ($487.48/SF)

Three-storey premises of traditional stone construction beneath a pitched slate roof providing open plan retail accommodation on the ground floor. To the rear of the retail area accessed from Smith Street is a single storey extension providing loading bay/workshop with a mezzanine storage/office area above. Accessed from the rear loading bay is also a useful basement area for further storage.
TENURE: Long Leasehold subject to a nominal ground rent. TENANCIES: The residential units are all let by way of 6 month Assured Shorthold Tenancies. The total rent roll for the flats is £20,280 per annum. Further details upon request. SHORT-TERM TENANCY: The current occupiers of the ground floor shop would consider a short-term tenancy arrangement on terms to be agreed. Further details upon request.