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11 New Market St 3,000 SF 61% Leased Retail Building Colne BB8 9BJ $277,262 CAD ($92.42 CAD/SF)
Investment Highlights
- Ground floor shop let producing £6,000 per annum
- Potential for extra rental income by letting the flat.
- Of interest to owner occupiers and investors
Executive Summary
Mid-terrace property providing ground floor retail
accommodation together with separately accessed
upper floor flat.
The property is of traditional stone construction
beneath a pitched slate roof.
The shop has a traditional timber shop front and
internally provides a main frontal sales area together
with further sales at the rear. External WC.
Accessed from the rear yard is a flat which comprises
kitchen area within the ground floor. The first floor is
divided to provide shower room, WC, living room and
two bedrooms. There is a further bedroom within the
roof space.
Situated at the top of New Market Street which is
accessed from Albert Road (A56) the main arterial
route into Colne town centre.
Colne town centre and all its amenities are within
walking distance.
Colne town centre is currently the subject of major
investment including the full refurbishment of the
market hall.
accommodation together with separately accessed
upper floor flat.
The property is of traditional stone construction
beneath a pitched slate roof.
The shop has a traditional timber shop front and
internally provides a main frontal sales area together
with further sales at the rear. External WC.
Accessed from the rear yard is a flat which comprises
kitchen area within the ground floor. The first floor is
divided to provide shower room, WC, living room and
two bedrooms. There is a further bedroom within the
roof space.
Situated at the top of New Market Street which is
accessed from Albert Road (A56) the main arterial
route into Colne town centre.
Colne town centre and all its amenities are within
walking distance.
Colne town centre is currently the subject of major
investment including the full refurbishment of the
market hall.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1900
Price
$277,262 CAD
Price Per SF
$92.42 CAD
Percent Leased
61%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.07 AC
Frontage
19’ on New Market Street
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Nearby Major Retailers
1 of 3
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11 New Market St
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