Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 28 November 2024
Reduced Buyers Fee: 1% of Sale Price (Min £3250 +vat)
The subjects comprise a ground floor retail unit set within a larger 2 storey commercial development surmounted by a flat roof overlaid in bitumen felt. Benefiting from a large, glazed frontage, access to the property is gained via double doors at street level with loading area accessible via a common pend to the north of the property. Internally the property has been fitted out to a high standard by the tenant, and in accordance with their corporate specifications. Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling. Floors have been overlaid in laminated timber and carpet throughout. To the rear of the development, partitions have been erected to form large storage area, staff facilities, office and w.c facilities. Ground floor extends to approx. 1,144.29sqm (12,317sq ft). Tenant: The Factory Shop Ltd Rent: £39,630.72p.a.x (rebased from £88,000p.a.x) Review: 2026 Overview: The Factory Shop (t/a The Original Factory Shop) opened in 1969 offering a variety of discounted goods. Currently the company operated from 215 stores in the U.K along with a strong online presence, facilitating demand from its 100,000sq ft warehouse in Burnley. The Factory Shop reporter a revenue of £193,000,000 with over 2,100 employees.
Auction Details
28 November 2024, 10am-3pm
Timed Online Auction
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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