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17-19 Nicholas St 1,963 SF 100% Leased Office Building Burnley BB11 2AQ $269,680 ($137.38/SF)



Investment Highlights
- Large freehold property and car park
- Town centre location
- Development opportunity
- Recently refurbished
Executive Summary
The property is freehold, and also includes a private freehold car park, making this a rare investment opportunity in the area, town centre car parks are a rare feature of property in the district.
Historically, the property has been used for commercial purposes, most recently and as a business centre. The property was fully refurbished in 2021 to a cost of £70,000, with upgrades including a full electrical rewire, cctv, fire doors, new windows throughout, carpets, kitchen and multiple bathrooms. The property also has a boardroom area, multiple fire exits, a fire escape, communal areas, and is a turnkey solution for office space.
Due to the location, Burnley town centre has become a popular area for change of use and demand for residential demand is extremely high. Previous plans were drawn up by the owner use as a HMO and apartments.
Historically, the property has been used for commercial purposes, most recently and as a business centre. The property was fully refurbished in 2021 to a cost of £70,000, with upgrades including a full electrical rewire, cctv, fire doors, new windows throughout, carpets, kitchen and multiple bathrooms. The property also has a boardroom area, multiple fire exits, a fire escape, communal areas, and is a turnkey solution for office space.
Due to the location, Burnley town centre has become a popular area for change of use and demand for residential demand is extremely high. Previous plans were drawn up by the owner use as a HMO and apartments.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
1,963 SF
Building Class
B
Year Built
1954
Price
$269,680
Price Per SF
$137.38
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
990 SF
Building FAR
0.56
Lot Size
0.08 AC
Amenities
- Security System
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Shutdown Events
- -
- 264 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Shutdown Events | - | 264 SF | - | - |
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17-19 Nicholas St
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