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The Powerhouse 3 Bank St 3,403 SF Retail Building Rossendale BB4 6QS $373,712 ($109.82/SF)



INVESTMENT HIGHLIGHTS
- Iconic Stone Building: A striking three-storey property dating back to 1932, showcasing timeless period features and a character-rich façade.
- Part Income-Producing: The property offers current income potential, making it ideal for investors looking for an immediate return.
- Conversion Potential: Upper floors provide ample opportunity for conversion into stylish residential apartments or modern office spaces, subject to planning consent.
- Historic Charm: Retains original features from its 1932 construction, offering a unique blend of historic charm with modern potential.
- Proximity to Amenities: Close to Rawtenstall’s bustling town centre, with shops, restaurants, and essential services just a short walk away.
- Prime Location: Situated in the heart of Rawtenstall with prominent frontage on both Bank Street and St. Mary’s Way, ensuring excellent visibility.
- Versatile Layout: Expansive ground floor space with high ceilings and large windows, perfect for retail, commercial, or office use.
- Natural Light: The building benefits from abundant natural light, especially on the ground floor, enhancing its appeal for commercial or residential purposes.
- Unparalleled Access: Conveniently located near the A682 and A681, with seamless links to motorways and public transport networks for easy commuting.
- Endless Development Potential: Suitable for a wide range of alternative uses, from residential apartments to mixed-use development, subject to Landlord and planning approval.
EXECUTIVE SUMMARY
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?
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,403 SF
Building Class
B
Year Built
1932
Price
$373,712
Price Per SF
$109.82
Tenancy
Single
Building Height
4 Stories
Frontage
23’ on Bank Street
AMENITIES
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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MAP
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The Powerhouse | 3 Bank St
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