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Nab Ln

6,500 SF Retail Unit in Blackburn BB2 1LN

Investment Highlights

  • Prominent Trading Location
  • Good Transport Links
  • Close to local amenities

Executive Summary

The property is positioned with significant frontage to Nab Lane, a pedestrianised area linking Blackburn College with King Georges Hall, Reel Cinemas and The Mall shopping centre. The property is situated on the edge of Blackburn Town Centre adjacent to the brand new Reel Cinemas entertainment complex within the main night time area of Blackburn featuring pubs and restaurants and within walking distance of King Georges Hall concert venue. Blackburn College (the home to in excess of 15,000 students) is adjacent to the property and a recently opened multi storey complex with parking for 500 vehicles is situated directly above.

Property Facts

Unit Size 6,500 SF
No. Units 1
Total Building Size 39,000 SF
Property Type Retail (Unit)
Property Subtype Movie Theatre
Sale Type Investment or Owner User
Building Class B
Number of Floors 2
Typical Floor Size 22,481 SF
Year Built 2020
Lot Size 1.63 AC

1 Unit Available

Unit Unit 1 & 2

Unit Size 6,500 SF
Unit Use Retail
Sale Type Investment or Owner User
Tenure Long Leasehold
Description

The opportunity is to acquire both the property and the trading business of the Istanbul Restaurant in Blackburn Town Centre. The business has been operating in this location for two years and has been extensively fitted out to provide a substantial restaurant business with over 220-250 covers. The location is currently turning over £20,000 per week and underwent a new fit out when the business opened two years ago. The property provides a substantial ground floor restaurant and kitchen area extending to approximately 6500 sq.ft. The property is located below the Feilden Street multi story car park which provides parking for over 500 vehicles.

Sale Notes

The opportunity is to acquire the property and the business along with the fixtures and fittings for £1,000,000.
Consideration may be given to a sale of the property on the basis of vacant possession subject to terms agreed.

Nearby Major Retailers

Farmfoods
The Co-operative Bank
NatWest
Costa Coffee
Santander
Tesco Superstore
Pure Gym
Turtle Bay
Starbucks
Barclays
  • Listing ID: 34319366

  • Date on Market: 30/12/2024

  • Last Updated:

  • Address: Nab Ln, Blackburn BB2 1LN

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