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72 Burnley Road,

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Introducing a fantastic opportunity to own a commercial property with endless potential in the vibrant heart of Padiham! Situated on the bustling high street, this listing features a downstairs shop with a versatile layout, perfect for retail, office space, or a variety of other businesses. With a first-floor flat above, this property offers the added bonus of potential rental income or live/work convenience.

While the property requires renovation, it presents an exciting chance to customise and revitalise a prime location in a town that has recently undergone a regeneration scheme. Padiham boasts a thriving community of independent shops, cafes, butchers, estate agents, pharmacies and much more, making it a sought-after destination for locals and visitors alike.

With its strategic location and proximity to amenities, this property promises to be a lucrative investment for entrepreneurs looking to establish themselves in a dynamic and growing market.

Don't miss out on this rare opportunity to own a piece of Padiham's bustling commercial landscape!

Contact us today to schedule a viewing and explore the possibilities.

Key Features

  • Commercial listing
  • Retail space
  • Flat above with 2 bedrooms
  • Cellar
  • 1956 Sq ft
  • High street location
  • Town centre location
  • 3D Tour Available
  • Tik Tok Tour
  • EPC - TBC

Property description

Retail space - GROUND FLOOR
The ground floor retail space spans 688.41 square feet and features versatile multi-use rooms, presently utilised as a tattoo parlour. Each room is equipped with lighting, vinyl flooring, and electrical sockets, ensuring functionality and adaptability to various business needs. Additionally, there is a conveniently located downstairs WC, fully tiled with vinyl flooring, equipped with essential amenities such as a WC and extractor point, and offering rear aspect access via a uPVC door, along with access to the flat above.

The tenant pays £400 per calendar month. Plus 50% of the property insurance.
The current tenant occupying the retail space is set to remain.

Further details include a business rates assessment with a rateable value of £6,800, sourced from the Valuation Office website.

Situated near M65 motorway links, the property benefits from excellent connectivity. However, it is worth noting that the property requires refurbishment.

This two-storey stone-built property presents a promising opportunity for those seeking a retail space with potential for customisation and growth.

Residential FIRST FLOOR
Accessed via spiral staircase to the rear:

Kitchen - 11'4 x 6'8 - Radiator, base units, ceiling light point and partially tiled walls.
Living room 16'5 x 11'5 - uPVC double glazed window, electric fire, radiator ceiling light point.
Bedroom one - 12'8 x 9'3 - uPVC double glazed window, ceiling light point and radiator.
Bedroom two - 9'1 x 7'5 - uPVC double glazed window, ceiling light point, central heating boiler and radiator.
Bathroom - 5'1 x 7'5- panelled bath, push button WC, extractor, radiator, overhead shower, sink with chrome taps.
Hallway - 18'1 x 6'3 - uPVC double glazed window, storage cupboard and ceiling light point.

Cellar - storage space
Beneath the ground floor, there is a cellar space comprising a large storage area spanning 607.08 square feet. This provides ample room for storage purposes, offering additional functionality to the property.

Consumer Protection Regs
To comply with Consumer Protection Regulations we have been advised by our vendors on the following information:

The tenure of this property is 'Leasehold' and the Council Tax Band is 'A'
999 Years from 25/04/1842 - £2.50 annual ground rent.
Parking - On street & parking to the rear
Rights and easements – Unknown by vendor
Restrictions – Unknown by vendor
Building safety – Building requires refurbishment.
Accessibility/Adaptations – No adaptations / no disabled access to the first floor flat
Utility supply - Mains gas, electric and water.
Coastal erosion risk - None
Planning permission – for the property itself and its immediate locality
Flood Risk - Low
Coalfield or mining area - Unknown by vendor

Disclaimer- All descriptions advertised digitally or printed in regards to this property are the opinions of Fardella & Bell Estate Agents. and their employees with any additional information advised by the
seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes
before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Fardella & Bell Estate Agents and no warranty can be
given or implied as to their working order

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Viewings on Brochure
Viewings are strictly by appointment only and can be arranged by calling or emailing Fardella & Bell.

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