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11a Skelton Street
Colne
Lancashire
BB8 9JE
Newchurch Road, Stacksteads, Bacup
Price £159,950
3 Bedroom Commercial
- Main Road Advertising
- Two Contained Flats Plus Commercial Unit
- Tenants In Situ
- Newly Renovated Basement Apartment
- Passive Income Earning - £
- Two Bedroom First Floor Apartment
- One Bedroom Ground Floor Apartment
- Operating Salon
- No Chain
- Mixed Residential & Commercial
Generating over £1300 PCM.
Located on the popular Newchurch Road, this impressive mixed-use property offers an exceptional investment opportunity with multiple income streams and strong rental potential. The building comprises a long-established, tenanted salon on the ground floor, generating £324PCM.
The business is not included in the sale, but the premises have been successfully operated for many years and include a WC and hand wash basin. Adjoining the commercial space is a well-presented one-bedroom apartment featuring a spacious double bedroom, a modern three-piece bathroom suite with a low-level WC, pedestal hand wash basin, and a quadrant shower with marble-effect wall panelling. The open-plan kitchen/living area boasts a newly fitted horseshoe-style kitchen with matching wall, base, and drawer units, contrasting work surfaces, and an integrated electric oven and hob. This apartment is currently vacant and advertised at £525 PCM.
On the first floor, a two-bedroom apartment provides comfortable living with two generously sized double bedrooms, a separate WC, a shower room with hand wash basins in both, and a bright open-plan kitchen/living area positioned at the front of the property. This unit is currently tenanted, producing £525 PCM. The basement apartment has recently undergone a high-quality renovation and is ready for occupancy.
This well-maintained property presents a rare, turn-key investment opportunity with a blend of stable commercial tenancy and strong residential demand. With minimal maintenance requirements and excellent long-term growth potential, it is perfectly suited to investors looking for reliable passive income and attractive returns.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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