32 St James St 3,134 SF 100% Leased Retail Building Burnley BB11 1NQ $335,598 ($107.08/SF)

A highly prominent three storey, mixed use investment premises located in the heart of Burnley town centre. The ground and lower ground floor comprises a self contained retail unit which is let to Scoota Mart Limited (Company Number 03727873) by way of a 9 year Full Repairing and Insuring Lease expiring on 1st March 2030 at a current passing rent of £15,000 per annum. The lease incorporates a Tenant break clause on 1st March 2027. The first floor comprises a series of treatment rooms and is let to as a massage Therapists to a private Tenant by way of a new 5 year Full Repairing and Insuring Lease expiring on 28th February 2030 at a current passing rent of £7,500 per annum. The lease incorporates an open market (upwards only) Rent Review with effect from the 1st March 2028 and a corresponding Tenant break clause.