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Buzz Bingo Burnley, Centenary Way, Burnley, Lancashire, BB11

Offers in Excess of
£1,990,000

£60.47 per sq ft

Business rates & charges may apply

CBRE Ltd, London (Licensed, Leisure & Hotel Property)
SIZE AVAILABLE

32,907 sq ft

3,057 sq m

SECTOR

Leisure facility for sale

Floor/Site plan 1
1

Key features

  • Prime Long Leasehold Leisure Investment let to Buzz Group Ltd
  • The property is held as both a Freehold and Long Leasehold with 187 years unexpired
  • Prominently positioned on Centenary Way in close proximity to Burnley town centre and the Charter Walk Shopping Centre
  • FRI Lease to Buzz Group Ltd. Unexpired term of 15.25 years. Expiry 18th December 2039
  • Current rent of £223,443 p.a. (£6.79 psf). Annual December RPI uplifts collared and capped at 1% and 4%
  • The property extends 32,907 sq ft (3,058 sq m) on a 1.24 acre (0.50 hectares) site

Description

LOCATION
Buzz Bingo Burnley is located immediately east of the town centre on Centenary Way (A682), which is the main road running north-south through the town.
The property is conveniently located near several public transport links making it easily accessible. Immediately southwest of the property is Burnley Central Bus Station, providing services to city centres such as Manchester and Preston as well local routes. Buzz Bingo Burnley is also within walking distance of Burnley Central Train Station and Burnley Manchester Train Station, providing access to network rail. Customer parking is available onsite.

SITUATION
The property occupies a prominent position on the corner of Centenary Way (A1682) and Yorkshire Street (A671). It is immediately surrounded by retail, retail warehouses, supermarket and light industrial. A Tesco Extra is south of the property and Charter Walk Shopping Centre to the east, which holds a variety of shops and restaurants.

PROPERTY DESCRIPTION
The property is a converted nightclub of steel frame with various concrete extensions. It extends 32,907 sq ft and is on a 1.24 acre site. The ground floor comprises gaming machine area and main bingo hall with bar and diner. The first floor provides further trading and ancillary accommodation. There is dedicated, on-site customer parking with capacity for 52 vehicles.

Brochures

Buzz Bingo Burnley, Centenary Way, Burnley, Lancashire, BB11

Open map

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Burnley Central Station0.5 miles
  • Burnley Manchester Road Station0.5 miles
  • Burnley Barracks Station0.8 miles

About CBRE Ltd, London (Licensed, Leisure & Hotel Property)

Henrietta House Henrietta Place, London, W1G 0NB

With an integrated network of over 300 wholly owned offices in more than 50 countries, our commercial property consultants advise more clients globally than any other commercial property adviser.

We work with occupiers, investors and developers of office, industrial, residential, retail and hotel property, providing strategic advice and execution for sales and leasing; tenant representation; corporate services; facilities, property and project management; appraisal and valuation; development services; investment management; energy and sustainability services, and research and consulting. To provide this service in the UK alone we have approximately 1,600 people with offices in Aberdeen, Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Jersey, Leeds, Liverpool, London, Manchester, Sheffield and Southampton.

Notes

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Disclaimer - Property reference Buzz_Bingo_Burnley. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CBRE Ltd, London (Licensed, Leisure & Hotel Property). Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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