Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Fantastic Business Opportunity
- Large Retail Hardware & Convenience Store
- Established Over 50 Years
- Living Accommodation On The 1st Floor
- Living Accommodation Could Be Rented Out For Extra Income
- Selling due to retirement
- Remarkable Turnover
- Highly Profitable Business
- Zero Business Rates
- Busy Trading Area Of Mill Hill
We are pleased to offer to auction this fantastic business opportunity has come available to purchase a large commercial property and business in Mill Hill, Blackburn with living accomodation to the first floor. It is currently trading as Johns Cut Price Store which is a large retail hardware and convenience store which has been established for over 50 years. The property is located in the busy area of Mill Hill, Blackburn. Reason for selling is due to retirement.
The property comprises of: Retail area, four store rooms, wash room and a W.C. The large first floor apartment has a separate entrance and comprises of: Two reception rooms, two double bedrooms, kitchen and a bathroom.
Please note we have not inspected this property.
Rooms
Location
The property is located in the busy area of Mill Hill, Blackburn.
Accommodation: Ground Floor
Retail Area
Dimensions: 8.0m x 8.0m
The retail area is comprehensively full of all hardware range and equipment.
Store Room One
Dimensions: 5.0m x 2.5m
Store Room Two
Dimensions: 3.5m x 2.0m
Store Room Three
Dimensions: 2.0m x 1.15m
Wash Room
Dimensions: 1.8m x 1.5m
W.C
Dimensions: 1.5m x 1.0m
Accommodation: First Floor
Landing
Dimensions: 3.8m x 2.0m
The landing comprises of: Ceiling light point, double radiator and carpet to the floor.
Reception Room One
Dimensions: 5.0m x 4.25m
Reception room one comprises of: uPVC double glazed window, internal wooden door, ceiling light point, double radiator, TV point and carpet to the floor.
Reception Room Two
Dimensions: 4.35m x 3.0m
Reception room two comprises of: uPVC double glazed window, internal wooden panel door, ceiling light point, double radiator and carpet to the floor.
Kitchen
Dimensions:5.65m x 2.35m
The kitchen comprises of: uPVC double glazed window, ceiling light point x2, fitted wall & base units, electric oven & hob, stainless steel sink & drainer with mixer tap, double radiator, plumbed for a washing machine & dish washer and has lino to the floor.
Bedroom One
Dimensions:5.0m x 4.45m
Bedroom One comprises of: uPVC dou...
Tenure
Freehold. TITLE NUMBER: LA36772.
Rateable Value
The current rateable value is £8,000 (1 April 2023 to present).
Sourced from VOA.
EPC
Flat - Rating D.
Shop - We are currently awaiting a copy of the energy performance certificate.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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