Retail for sale · BB11 1NL
Location Situated in the Burnley Town Centre on St James' Street, this property is in a prime location directly across from the well-known Marks and Spencer store.
The property benefits from excellent connectivity, being close to local shops, public transport links, and a variety of takeaways, making it a convenient location for both businesses and visitors.
Description This substantial building spans five floors, including a basement, offering ample space for various business ventures.
The property is listed as Grade 1, which entails that the responsibility for maintaining the exterior lies with the local council, ensuring that the historic and aesthetic value of the building is preserved.
The interior of the building is in need of a full refurbishment.
This presents a unique opportunity for potential buyers to customize and transform the space according to their business requirements and vision.
The untouched nature of the interior serves as a blank canvas, making it ideal for a wide range of business opportunities, from retail and offices to hospitality and creative spaces.
The property has recently had a brand new roof installed, along with security shutters fitted at the rear for added protection.
New double-glazed windows have also been added to the back of the property, improving insulation and energy efficiency.
The basement has been upgraded with a new damp course, and the shop floor has been recently replaced, giving it a fresh, updated look throughout.
This property could be used for office space, it can be converted into an Air B And B and a shop. There are lots of opportunities this property could be turned into. Offers in the region of £164,995.
Accommodations measurements Ground floor: Shop floor - 10.10m x 4.39m Back Office - 3.18m x 2.98m first floor: Office one - 5.39m x 4.47m Toilets - 3.2m x 3.2m second floor: Office one - 4.53m x 3.40m Office two - 4.67m x 4.05m third floor:- Office one - 3.36m x 2.55m Office two - 4.25m x 4.05m Planning It is prospective purchasers responsibility to verify that their intended use is acceptable to the local planning authority.
Business rates Contact Local Council Legal costs Each party is to be responsible for their own legal costs incurred.
VAT All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate.
Comprehensive property specifications
Opportunity summary
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About
Location Situated in the Burnley Town Centre on St James' Street, this property is in a prime location directly across from the well-known Marks and Spencer store.
The property benefits from excellent connectivity, being close to local shops, public transport links, and a variety of takeaways, making it a convenient location for both businesses and visitors.
Description This substantial building spans five floors, including a basement, offering ample space for various business ventures.
The property is listed as Grade 1, which entails that the responsibility for maintaining the exterior lies with the local council, ensuring that the historic and aesthetic value of the building is preserved.
The interior of the building is in need of a full refurbishment.
This presents a unique opportunity for potential buyers to customize and transform the space according to their business requirements and vision.
The untouched nature of the interior serves as a blank canvas, making it ideal for a wide range of business opportunities, from retail and offices to hospitality and creative spaces.
The property has recently had a brand new roof installed, along with security shutters fitted at the rear for added protection.
New double-glazed windows have also been added to the back of the property, improving insulation and energy efficiency.
The basement has been upgraded with a new damp course, and the shop floor has been recently replaced, giving it a fresh, updated look throughout.
This property could be used for office space, it can be converted into an Air B And B and a shop. There are lots of opportunities this property could be turned into. Offers in the region of £164,995.
Accommodations measurements Ground floor: Shop floor - 10.10m x 4.39m Back Office - 3.18m x 2.98m first floor: Office one - 5.39m x 4.47m Toilets - 3.2m x 3.2m second floor: Office one - 4.53m x 3.40m Office two - 4.67m x 4.05m third floor:- Office one - 3.36m x 2.55m Office two - 4.25m x 4.05m Planning It is prospective purchasers responsibility to verify that their intended use is acceptable to the local planning authority.
Business rates Contact Local Council Legal costs Each party is to be responsible for their own legal costs incurred.
VAT All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate.
Value & comps
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Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Computed once at least one cost line is on file.
Agent & docs
FAQ
About 126, St James street, Burnley
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