Commercial properties for sale in Burnley Wood, Burnley, Lancashire, this area only

Substantial Town Centre Investment Premises

The property comprises a prominent part two and part three-storey town centre building extending from 3-17 Croft Street through to 3-9 Yorkshire Street, providing a substantial and well-positioned commercial investment and redevelopment opportunity. The accommodation currently comprises a range of retail and ancillary commercial accommodation at ground floor level, with additional ancillary accommodation arranged over the upper floors. The property is fully let to 9 self-contained individual occupiers, providing a diverse mix of commercial uses and generating a current gross rental income of £90,244 per annum with 1x vacant unit. The ground floor accommodation includes a vacant retail unit at 13-17 Croft Street, which is currently under offer at £20,000 per annum on a ground-floor-only basis. Upon completion of this letting, the property will generate a total gross rental income of £110,244 per annum. The property's existing planning consent under reference FUL/2025/0398 provides full planning permission, subject to conditions, for the conversion of the first and second floors together with a second floor extension to create 24 self-contained apartments. The approved scheme comprises 8 two-bedroom and 4 one-bedroom apartments at first floor level, together with 7 two-bedroom and 5 one-bedroom apartments at second floor level.