Commercial Property in BB10 available for sale
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Commercial Property for Sale near BB10, Burnley

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Commercial Properties for Sale Within 5 miles of the BB10, Burnley

More details for 17-19 Nicholas St, Burnley - Office for Sale

17-19 Nicholas St

Burnley, BB11 2AQ

  • Office for Sale
  • £200,000
  • 1,963 sq ft
  • Security System

Burnley Office for Sale

17-19 Nicholas Street, Burnley is a large 3 storey feature building, located in the heart of Burnley town centre. <br/> <br/>The property is freehold, and also includes a private freehold car park, making this a rare investment opportunity in the area, town centre car parks are a rare feature of property in the district. <br/> <br/>Historically, the property has been used for commercial purposes, most recently and as a business centre. The property was fully refurbished in 2021 to a cost of £70,000, with upgrades including a full electrical rewire, cctv, fire doors, new windows throughout, carpets, kitchen and multiple bathrooms. The property also has a boardroom area, multiple fire exits, a fire escape, communal areas, and is a turnkey solution for office space. <br/> <br/>Due to the location, Burnley town centre has become a popular area for change of use and demand for residential demand is extremely high. Previous plans were drawn up by the owner use as a HMO and apartments. <br/> <br/>Potential Investments Returns; <br/> <br/>- Office rental as a business centre; based upon 2024 figures the building was generating a gross annual return of £31,200. <br/>- Office rental as a single let to one tenant; the property was tenanted for many years at a gross annual rent of £18,000. <br/>- 9 Bedroom HMO; a change of use could see a gross annual income of £62,400. <br/> <br/>A 2023 RICS survey placed a valuation of £265,000 on the building. <br/> <br/>The property is not a listed building, unlike many of the properties in the area, and does not have the same restrictions as other buildings in the town centre; making this highly desirable for a change of use of the potential buyer desired.” <br/> <br/>Location… <br/>“Located on the corner of Nicholas Street, Burnley, at the heart of the town centre’s business and residential district. The property is a 5 minute walk to Burnley Bus Station, 2 minutes to the high street, 8 minutes to Manchester Road train station, 10 minutes to Turf Moor football stadium, and 1 minute to amenities.” <br/> <br/>Accommodation… <br/>“A character, 3 storey building and car park. Currently presented as 7 office spaces, 1 large boardroom, 3 bathrooms, open plan communal kitchen, various communal spaces on each level, and storage areas.”<br/><br/>

Contact:

Pattinson Commercial

Date on Market:

01/05/2026

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More details for Land Off Riverside Business Park, Barrowford - Land for Sale

Land Off Riverside Business Park

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29 Glenfield Road Investment - 29 Glenfield Rd

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  • £2,350,000
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FAQs about Commercial Properties For Sale in BB10

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How many Commercial Property listings are available for sale in BB10?
There are currently 1 Commercial Properties available for sale near BB10. These BB10 Commercial Property listings have an average size of. The largest available listing in BB10 is. The thriving commercial centre and excellent transport links in BB10 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in BB10?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in BB10 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in BB10?
There is a diverse range of commercial properties available in BB10 to suit various business needs. BB10 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 BB10 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the BB10, Burnley

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