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Express Interest in this Property

Kwik-Fit, Blackburn


£ 550,000
22/24 King Street, Blackburn, Lancashire, BB2 2DH

Basic Facts

Status: Type: Tenure: Leasehold Gross Yield %: 9.6
Gross Rent: £ 52,825 Lease Term: 35 years from 1996 Area: 4881 sq ft
VAT applicable: Yes Years left on Lease: 11.7

Property Description

  • Blue Chip Motor Investment.
  • Comprising 4,881 sq ft on a 0.34 acre site

Location Description

  • Blackburn is a major commercial centre situated approximately midway between Burnley and Preston, 21 miles north-west of Manchester.
  • The town is served by the M65 Motorway, whilst the A677 links with the M6 Motorway 10 miles west of the town centre.
  • The property is situated on the western side of Barton Street, in between its junctions with King Street and Cardwell Place.
  • Occupiers close by include: Farm foods and Sue Ryder (both opposite) amongst other independent traders.

Additional Information

  • Leasehold. Held on a lease for a term of 999 years from 19th August 1996 at a fixed ground rent of £2 per annum.
  • The Headlease contains options to purchase and a right of pre-emption for £1 in respect of the freehold interest.

Tenancy & Accommodation Schedule

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