A Vacant Long Leasehold Mixed Use Retail Property with Retail To The Ground Floor And Ancillary Upper Parts, occupying a prominent corner position and representing an attractive value-add investment and development opportunity. The property offers considerable asset management potential through refurbishment and letting, together with the potential conversion of the upper parts to alternative uses, including residential, subject to obtaining any necessary consents and permissions.

The Ground Floor comprises a retail unit fronting North Street. The existing accommodation provides an opportunity for a purchaser to refurbish and improve the premises prior to letting, with scope to enhance its future rental and investment potential.

The Upper Parts provide ancillary accommodation associated with the retail premises. These areas offer further value-add potential and may provide an opportunity for development or conversion to alternative uses, including residential accommodation, subject to obtaining all requisite planning and statutory consents.

Lease: 848 Years Unexpired (Please refer to legal pack)

The property occupies a prominent corner pitch on North Street in Nelson, positioned within an established area characterised by a mixture of residential and local retail uses. North Street forms part of a local retail parade and is conveniently located for a range of shops, businesses and everyday amenities. Nelson town centre is within easy reach and provides a wider range of retail and leisure facilities, together with bus and rail connections. The area also benefits from convenient road access to surrounding East Lancashire towns and the wider motorway network.