FOR SALE
15/12/22
541
1305-A / Rightbiz
AJF Commercial Business Sales are delighted to offer for sale this good sized Freehold building with land with retail use to ground floor and first floor residential accommodation, ideally situated in the centre of the town of Accrington in Lancashire.
Location:
Accrington is a densely populated area with a thriving town centre, and the buiding is situated just a few minutes’ drive from the M65 motorway.
Accrington lies 4 miles east of Blackburn, 6 miles west of Burnley, 12 miles east of Preston and 20 miles north of Manchester.
The development is surrounded by a wealth of residential housing, complementary businesses, industrial estates, with good public transport links in the area.
Business:
This is fantastic opportunity to own a good sized Freehold building with land to both sides.
In the past the whole site was once used for Fraser Eagle coaches and used as a storage station, and where day trips and holidays were booked for customers.
The first floor comprises of living accommodation (Currently let with tenant in situ).
The ground floor comprises of an MOT garage / servicing business. (Currently operational).
The Freehold site is being offered for sale allowing the new owner a number of investment options.
The building could be converted to a number of uses, retail, commercial or re-development of the whole plot for residential housing.
As there are a good number of uses, we recommend speaking with Lancashire County Council subject to gaining the necessary planning approval and conditions for potential development.
Premises:
Highly visible Freehold building over 2 floors with land to both sides.
Car parking to the front and both sides of the building.
Currently operational to the ground floor is a good sized open plan MOT and car servicing garage which briefly comprises of:
Open plan MOT and car servicing garage.
Reception area.
Waiting room for customers.
Good sized office.
Kitchen / Break out area.
W/C.
First Floor separate Residential accommodation which briefly comprises of:
1 large double bedroom.
Dining Room.
Lounge.
Kitchen.
Reason for sale:
The development is now available for sale to allow our client to take a well-deserved early retirement.
Tenure:
We are advised that the tenure is Freehold.
Rates:
Information for Business Rates / Council Tax can be obtained from Lancashire County Council.
Summary:
This Freehold investment / development is situated in a perfect location being surrounded by residential housing and complimentary businesses.
There are various options that this development / investment opportunity would bring and therefore, AJF Commercial Business Sales strongly recommend that early discussions are essential.
Contact Details:
If you would like to contact us to discuss the business in further detail or to arrange a viewing, you can by the following methods:
Telephone – 01204 325 101
Email – [email protected]
Website – www.ajfcommercial.co.uk
You can also find us on:
Facebook – AJF Commercial Business Sales
Twitter – @ajfcommercial
Instagram – @ajf_commercial
LinkedIn – AJF Commercial Business Sales
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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