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Towneley House Kingsway 13,892 SF 100% Leased Office Building Burnley BB11 1AA $499,228 ($35.94/SF)
Investment Highlights
- Part let to Department of Health (Secretary of State) generating £30,000 p.a.
- Existing planning consent granted Jan 2026 for conversion to 12 residential apartments (C3)
- Site area 0.20 ha (0.50 acres), 27% coverage
- 3-storey modern office building with self-contained floors
- 34 on-site car parking spaces
- Vacant first, second and basement floors – immediate asset management potential
Executive Summary
Lot 32 is available for sale at an Acuitus online auction to be held on Thursday 26th March 2026.
The property comprises an investment for sale.
The asking price is ££375,000 - £400,000, representing a gross initial yield of 8%.
The property comprises an investment for sale.
The asking price is ££375,000 - £400,000, representing a gross initial yield of 8%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
13,892 SF
Building Class
B
Year Built
1995
Price
$499,228
Price Per SF
$35.94
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,490 SF
Building FAR
0.61
Lot Size
0.52 AC
Parking
34 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Accent Lighting
- Demised WC facilities
- Direct Elevator Exposure
- Drop Ceiling
- Raised Floor System
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Towneley House | Kingsway
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