Mixed Use in Blackburn
12 Higher Church Street, Blackburn BB2 1JG
- Lot No: 134
- Property Type: Mixed Use
- Contract Type: Unconditional with Variable Fee
Guide Price* £150,000+ plus fees
Property Description
A ground floor/basement retail property with a three bedroom flat to the upper floors. Currently let producing £22,740 per annum. A mixed use retail/residential property occupying a prominent location in the heart of Blackburn. The property is located on Higher Church Street, adjacent to one of the entrances to The Mall and also to Lloyds Bank. Higher Church Street is a busy thoroughfare and typical occupiers on the street are local independent operators, such as beauticians, vaping shops and long-standing pubs with good levels of footfall down the street. The property itself comprises a 3/4 storey stone building with a retail unit on the ground floor, and three bedroom residential flat to the upper floors. The property is fully tenanted with the ground floor rented as a convenience store. The shop and flat each have their own independent access externally but can also be accessed from each other internally. Internally, the retail unit has laminate flooring, panelled walls and a suspended ceiling, incorporating covered LED lighting. The retail unit also benefits from built in speakers and vents into the ceiling. There are steps down to the basement level, which provides two rooms with laminate floors, painted walls and fixed bulb lighting. There is also a WC/sink and access to the rear area. To the rear of the basement is a small concrete yard for storage. The flat can be accessed via an internal staircase from the retail unit or from the rear of the property via a concrete staircase. The flat has an entranceway, up to a large open plan lounge/dining area/kitchen. The second and third floors provide three good sized bedrooms. There is a bathroom to the second floor, with double open shower, WC, sink and a large bath with jacuzzi/whirlpool functions (un-tested).
Construction Material:
Sandstone or limestone, as built, no insulation (assumed)
Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
Addendum
We have not been provided with all the tenancy agreements and therefore we confirm the rental figure referred to in our marketing. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 10th December 2024
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454