17-19 Mill St
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17-19 Mill St
4,089 SF Retail Building Padiham BB12 8EX $489,126 CAD ($120 CAD/SF)
Investment Highlights
- The property is situated in a densely populated area and next to a mix of retail units, local shops and pubs.
- Benefits from enclosed beer terrace and smoking area.
- Padiham is approximately 3 miles northwest of Burnley and 2 miles north of junction 8 of the M65.
Executive Summary
Molly Rigby’s was historically a Private Members Club but it is now owned as a freehold freehouse. The vendors have only nominally continued to trade as a Members Club - we understand that a hypothetical purchaser would be able to trade as a freehold freehouse, thus potentially increasing the trade potential. Mainly wet trade at the moment. Food is provided on Saturday and Sunday mornings as a breakfast, which is extremely popular and there is one curry night each month. Our clients feel there is a great potential to push the food and function side of the business.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,089 SF
Building Class
B
Year Built
1913
Price
$489,126 CAD
Price Per SF
$120 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.16
Lot Size
0.08 AC
Frontage
46 ft on Mill Street
Amenities
- 24 Hour Access
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Nearby Major Retailers
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17-19 Mill St
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