Mixed-use investment property for sale or to let in Burnley

This property is marketed by:
Taylor Weaver

Key features

• FOR SALE: Fully Let, High-Quality Mixed-Use Investment Opportunity
• 6 Premium Apartments: 4 x 2-bed, 2 x 1-bed
• 4 Separate Commercial Units: Retail and office spaces, all fully let
• Current Net Rent: £94,290 per annum (NO VAT)
• Producing net rent of £94,290 per annum (NO VAT)
• Price: £1,100,000 (8.2% NIY)

The property was fully renovated in 2020 by the current owners to produce a mix of extremely high specification retail/office uses on the basement and ground floors with six high quality apartments arranged on the first and second floors.

Ground Floor & Basement: 4 high-quality commercial units occupied by 3 tenants—a well-established care business and two beauticians. The basement, also finished to a high standard, serves as additional beauty space.

All of the commercial units are separately accessed / self contained and copies of the lease details can be found in the investment section within these details.

First & Second Floors: 6 luxury apartments, fully let, including four 2-bedroom and two 1-bedroom units. All apartments are finished to a modern standard with top-quality appliances and fixtures.

Floor plans are attached to these details.

Location

Located in Burnley town centre, this property occupies a prominent corner position at Manchester Road and Hargreaves Street, the main approach into the heart of Burnley.

The area is a thriving mix of retail, office, and residential spaces, with established businesses nearby, including Virgin Money, Keenans Estate Agents, and Lloyds Bank, enhancing the property’s visibility and foot traffic.