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Warehouse investment opportunity for sale in Blackburn

Mohawk Building, Gorse Street, Blackburn, BB1 3EU
For sale
£450,000
taylor-weaver
This property is marketed by:
Taylor Weaver

Key Features

  • Detached Warehouse Investment Opportunity
  • Currently producing £35,000 p.a. + VAT
  • 6,176 sq.ft
  • Lease expiry August 2028

Location

The property is conveniently located about one mile from Blackburn town center, with easy access via the A678 (Copy Nook), which connects directly to Blackburn's main ring road, Barbara Castle Way.

Junction 6 of the M65 Motorway is also approximately 1 mile from the subject property.

The surrounding area is primarily commercial, with a variety of businesses in the immediate vicinity.

Description

Mohawk Building on Gorse Street, Blackburn, is a detached commercial property offering a versatile mix of office and workshop space, complete with a private yard.

This property features newly refurbished open-plan office areas, a spacious main workshop, and kitchen facilities. Amenities include separate male and female restrooms, as well as ample parking at the rear.

The workshop areas are open-plan, equipped with durable concrete flooring, two electric roller shutter doors (3.8m height), and gas heaters. Inside, the warehouse offers an eaves height of 4.42m, rising to 6.9m at the central apex, providing excellent space for various operational needs.

Accommodation

We have measured the property on a gross internal area basis as follows:

Warehouse 5,028 sq. ft.

Offices 907 sq. ft.

Mezzanine 241 sq. ft. 

Total 6,176 sq. ft.

Price

£450,000 + VAT

Tenure

Freehold

Rating

To be confirmed

Legal Costs

Each party responsible for their own legal costs.

Services

All mains services are connected to the property.

Investment Details

The property is let to Legend Fires Ltd on a 5 year FRI lease commencing 01/08/2023 at an annual rent of £35,000 + VAT per annum. The tenant has a 3 year break clause. A copy of lease is available on request.



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