No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Heritage Arcade  CGI 001.png
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£1,200,000
Added > 14 days

Land for sale

Heritage Arcade, Bacup Road,, Rawtenstall, BB4 7NG
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Land
0 bed
0 bath
28,457 sq ft / 2,644 sq m

Property description & features

  • Tenure: Freehold
  • Full Planning Permission
  • Town centre location
  • Dedicated car parking for all units
  • All apartments can be sold on the open market
Location
Set in the South Pennine Hills, Rossendale provides commuters with good motorway connections with Manchester less than 20 miles away. Bury can be accessed by junction 2 of the M66 leading to the M60 and M62 and connections to Bradford and Leeds. Heritage Arcade is situated on Bacup Road in the heart of Rawtenstall, less than five minutes walk from Rawtenstall Bus Station.

The attractive yet strategic location of the town has led to a significant increase in demand from young couples and professionals wanting to benefit from country living but remain within easy access of the region’s cities and business destinations.

The property fronts directly onto Bacup Road which is accessed from Haslingden Road/ St Mary's Way (A682). Rawtenstall bus station and the town's Lidl supermarket are opposite to the property. The A56 is approximately 600m from the property which links directly to the M66 motorway.

The Opportunity
This is a unique redevelopment opportunity to acquire a landmark building in the heart of Rossendale town centre. The striking former picture house and shopping centre has been granted full planning permission to be converted into a luxury residential scheme comprising 42 two-bed apartments with dedicated car parking and landscaped private gardens with support from Historic England and Rossendale Borough Council, all apartments can be sold on the open market.

Planning
Planning consent was approved on the 28th of January 2021 for the partial demolition and redevelopment of the building into a residential scheme comprising 42 apartments, together with associated car parking and landscaped amenity space, planning reference number: 2020/0018.

Property information from this agent

Places of interest

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    Hurstwood Holdings is a privately owned and managed property investment and development company founded by our Chairman and CEO, Stephen Ashworth in the early 1980s. Over the last 30 years, we have grown our national commercial and residential portfolio to a current value in excess of £250 million with office, industrial, leisure and residential properties from Swindon to Inverness and home to more than 1000 tenants. Headquartered in Manchester, our dedicated in house team provides a full range of professional services from asset management and development through to lettings and investment, which allows us to react quickly and effectively when making key decisions. Our people are key to our continued success and we are proud to have several members of the team who have been with us for more than 20 years.

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    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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