Fantastic Month For The Commercial Department

Our Commercial Department has had a fantastic October and they are delighted to have completed on four lettings and two sales transactions all within one month! Here are a flavour of the deals that the team have been involved with, ranging from the letting of retail premises to the sale of residential development opportunities and former Church Hall premises.

This substantial four Storey property fronting Burnley Road, Rossendale was formerly occupied by a dance studio and offered the potential for a number of alternative uses, subject to landlord and planning consent and in turn received a good amount of enquiries from the first point of instruction. A letting was quickly agreed shortly after the marketing board went up at the property and we will imminently see a new cocktail bar opening, just a short distance away from the town centre of Rawtenstall where there is an abundance of amenities to choose from. 

An extremely popular ground floor retail premises on Moor Lane, Clitheroe received a huge amount of interest offering our client a good range of proposals to consider. We are seeing that the area is proving to be one of our most popular commercial spots to date and the new tenant should be up and running opening their Vape Shop shortly. These types of commercial properties have the added bonus of being located in the heart of Clitheroe which provides good footfall amongst a mix of established retailers; we can not wait to receive our next instruction to look after in the area!

We have recently let a portion of the space available at Medtia Chambers, Barn Street seeing a quick turnaround for the former salon premises, which is now being occupied by an Asian dress shop which is already up and running following the vacation of their previous property that could no longer be available for them to continue trading. We were more than happy to assist in finding suitable premises and once the main terms were agreed by the Landlord and ingoing tenant, we saw the completion of the Lease take place in just a week after all the negotiations.

This corner ground floor retail premises at Dunkerley Street, Oldham has quickly been let on behalf of the Landlord by us being able to draw up an RICS Small Business Retail Lease which was all agreed and signed by both parties all within a week! The premises will soon be opening as a modern Café offering home cooked food, benefitting from ample customer car parking to the rear. We are excited to see how the transformation takes place over the next few weeks.

This double fronted retail premises at Milnrow Road, Shaw took a little extra time to push over the line but we can finally announce that completion took place before the end of this month. We are informed that the Buyer will be undertaking significant refurbishment works internally to create residential flats. We are keen to see the progress over the coming months from a largely dilapidated building to habitable living accommodation providing a decent rental income when fully let.

The Former Kingdom Hall, Droylsden went under offer over a year ago and due to a number of legalities that had to be dealt with prior to exchange and completion, it has taken much longer than anticipated to actually get everything finalised. Both our client and purchaser are equally as pleased to have completed the sale and the purchaser can now start the building renovations!

There’s no letting too small or sale too big, we are capable of dealing with all types of commercial properties. If you have a commercial property that you are considering renting or selling, then please get in touch with the Commercial Department directly on 0161 925 32 32 to discuss your requirement and we would be happy to provide free market advice.