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£725,000

Helmshore Road, Helmshore, Rossendale, BB4

  • 1 bed
Other
Under offer/SSTC

£725,000

  • 1 bed
Other
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Estimate monthly mortgage payment:

£3,310 per month

Minimum deposit amount:

£36,250
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REDUCED FOR QUICK SALE, PART-EX CONSIDERED - Freehold Restaurant / Bar Premises with owners accommodation, Extensively Refurbished In Recent Years. Currently Tenanted & Locally Highly Regarded Food & Drink Destination. Includes Car Park, 1 Bedroom Living Accommodation To Second Floor. Well Laid Out Over 4 Floors - Ideal Investment Opportunity With Revenue Generation Already Established - VIEW BY APPOINTMENT ONLY

The Cotton House, Helmshore, Rossendale is a high quality commercial property, with 1 bedroom living accommodation over. Currently tenanted and operated as a restaurant / bar with lease in place, highly regarded locally with good reputation. REDUCED FOR QUICK SALE, PART-EXCHANGE CONSIDERED.The premises includes a car park and outside areas, along with multiple reception / dining areas and function space too. The property occupies a prime and noteworthy position, with pedestrian crossing a few steps away, popular park and nearby walks / countryside, with good level of passing trade too.This property is offered for sale as a well-refurbished and well-presented building, with the current owners having significantly updated and upgraded the premises throughout. In addition to that all-important parking provision, there is also on-street parking nearby. There is an outdoor seating area and an attractive riverside location while in winter, the warming real fire is a real draw too.This ideal opportunity to invest through the purchase of a tenanted building with an already established lessee in place, presents a good chance to acquire a renowned building in a prominent setting. For this property, VIEWING IS HIGHLY RECOMMENDED & AVAILABLE BY APPOINTMENT ONLY, THROUGH OUR RAWTENSTALL OFFICE.

Covered Porch

Vestibule

Entrance & Bar Area

5.26m x 6.03m (17'3 x 19'9 )

Reception Area 1

4.75m x 4.77m (15'7 x 15'8 )

Reception Area 2

4.65m x 4.05m (15'3 x 13'3 )

Disabled WC / Changing

Rear Hall

Covered Reception Area 3

10.40m x 4.48m (34'1 x 14'8 )

Kitchen

5.48m x 3.73m (18'0 x 12'3 )

Basement Lower Landing

Store Room

6.56m x 3.43m (21'6 x 11'3 )

Store Room 2

4.19m x 4.45m (13'9 x 14'7 )

Door to:

Store Room 3

Store Room 4

Mens WC

2.88m x 3.70m (9'5 x 12'2 )

Ladies WC

First Floor Landing

1.78m x 2.04m (5'10 x 6'8 )

2nd Bar & Function Room

4.53m x 10.79m (14'10 x 35'5 )

Reception Room 4

4.98m x 3.63m (16'4 x 11'11 )

Inner Landing

Door to:

Office

2.05m x 3.41m (6'9 x 11'2 )

2nd Floor Landing

Open Plan Lounge / Kitchen

5.94m x 3.39m (19'6 x 11'1 )

Dressing Room

3.62m x 2.79m (11'11 x 9'2 )

Bedroom 1

6.67m x 3.41m (21'11 x 11'2 )

En-suite Shower Room

Side Parking

Rear Outside Dining Areas

Agents Notes

Tenure: FreeholdStamp Duty: 0% up to ?125,000, 2% of the amount between ?125,001 and ?250,000, 5% of the amount between ?250,001 & ?925,000, 10% of the amount between ?925,001 & ?1,500,000, 12% of the remaining amount above ?1,500,000. For some purchases, an additional 3% surcharge may be payable on properties with a sale price of ?40,000 and over. Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.

Disclaimer

Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.

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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£23,750
Mortgage and legal costs:
£999
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Property details

£725,000

1 bed property for sale

Helmshore Road, Helmshore, Rossendale, BB4

REDUCED FOR QUICK SALE, PART-EX CONSIDERED - Freehold Restaurant / Bar Premises with owners accommodation, Extensively Refurbished In Recent Years. Currently Tenanted & Locally Highly Regarded Food & Drink Destination. Includes Car Park, 1 Bedroom Living Accommodation To Second Floor. Well Laid Out Over 4 Floors - Ideal Investment Opportunity With Revenue Generation Already Established - VIEW BY APPOINTMENT ONLY

The Cotton House, Helmshore, Rossendale is a high quality commercial property, with 1 bedroom living accommodation over. Currently tenanted and operated as a restaurant / bar with lease in place, highly regarded locally with good reputation. REDUCED FOR QUICK SALE, PART-EXCHANGE CONSIDERED.The premises includes a car park and outside areas, along with multiple reception / dining areas and function space too. The property occupies a prime and noteworthy position, with pedestrian crossing a few steps away, popular park and nearby walks / countryside, with good level of passing trade too.This property is offered for sale as a well-refurbished and well-presented building, with the current owners having significantly updated and upgraded the premises throughout. In addition to that all-important parking provision, there is also on-street parking nearby. There is an outdoor seating area and an attractive riverside location while in winter, the warming real fire is a real draw too.This ideal opportunity to invest through the purchase of a tenanted building with an already established lessee in place, presents a good chance to acquire a renowned building in a prominent setting. For this property, VIEWING IS HIGHLY RECOMMENDED & AVAILABLE BY APPOINTMENT ONLY, THROUGH OUR RAWTENSTALL OFFICE.

Covered Porch

Vestibule

Entrance & Bar Area

5.26m x 6.03m (17'3 x 19'9 )

Reception Area 1

4.75m x 4.77m (15'7 x 15'8 )

Reception Area 2

4.65m x 4.05m (15'3 x 13'3 )

Disabled WC / Changing

Rear Hall

Covered Reception Area 3

10.40m x 4.48m (34'1 x 14'8 )

Kitchen

5.48m x 3.73m (18'0 x 12'3 )

Basement Lower Landing

Store Room

6.56m x 3.43m (21'6 x 11'3 )

Store Room 2

4.19m x 4.45m (13'9 x 14'7 )

Door to:

Store Room 3

Store Room 4

Mens WC

2.88m x 3.70m (9'5 x 12'2 )

Ladies WC

First Floor Landing

1.78m x 2.04m (5'10 x 6'8 )

2nd Bar & Function Room

4.53m x 10.79m (14'10 x 35'5 )

Reception Room 4

4.98m x 3.63m (16'4 x 11'11 )

Inner Landing

Door to:

Office

2.05m x 3.41m (6'9 x 11'2 )

2nd Floor Landing

Open Plan Lounge / Kitchen

5.94m x 3.39m (19'6 x 11'1 )

Dressing Room

3.62m x 2.79m (11'11 x 9'2 )

Bedroom 1

6.67m x 3.41m (21'11 x 11'2 )

En-suite Shower Room

Side Parking

Rear Outside Dining Areas

Agents Notes

Tenure: FreeholdStamp Duty: 0% up to ?125,000, 2% of the amount between ?125,001 and ?250,000, 5% of the amount between ?250,001 & ?925,000, 10% of the amount between ?925,001 & ?1,500,000, 12% of the remaining amount above ?1,500,000. For some purchases, an additional 3% surcharge may be payable on properties with a sale price of ?40,000 and over. Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.

Disclaimer

Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.