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Towneley House Kingsway 13,892 sq ft 100% Let Office Property Burnley BB11 1AA £375,000 (£26.99/sq ft)
Investment Highlights
- Part let to Department of Health (Secretary of State) generating £30,000 p.a.
- Existing planning consent granted Jan 2026 for conversion to 12 residential apartments (C3)
- Site area 0.20 ha (0.50 acres), 27% coverage
- 3-storey modern office building with self-contained floors
- 34 on-site car parking spaces
- Vacant first, second and basement floors – immediate asset management potential
Executive Summary
Lot 32 is available for sale at an Acuitus online auction to be held on Thursday 26th March 2026.
The property comprises an investment for sale.
The asking price is ££375,000 - £400,000, representing a gross initial yield of 8%.
The property comprises an investment for sale.
The asking price is ££375,000 - £400,000, representing a gross initial yield of 8%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
13,892 sq ft
Costar Property Class
B
Year Built
1995
Price
£375,000
Price per sq ft
£26.99
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,490 sq ft
Plot ratio
0.61
Total Plot Size
0.52 ac
Parking
34 Spaces (2.43 Spaces per 1,000 sq ft Leased)
Amenities
- Accent Lighting
- Demised WC facilities
- Lift Access
- Suspended Ceilings
- Raised Floor System
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Towneley House | Kingsway
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