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Investment Opportunity with Development Potential

Investment Opportunity with Development Potential

Address

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Auction date

27 Aug 2025

Guide price

£320,000

Type

Commercial

Tenure

Unknown

EPC Rating

D

Status

Upcoming

Auction location placehbolder

Description

An attractive investment and town-centre development opportunity: the substantial property comprises a public house and adjacent retail unit, both sold subject to tenancies generating a total income of £43,800pa. The upper floors are accessed separately, at the side of the property, and has potential for conversion to 23 HMO rooms or 13no. one and two bed apartments, subject to obtaining the necessary consents, with the potential to generate an additional £100,000 per annum of rental income. The property enjoys a prominent position fronting Manchester Road in Nelson town centre, with nearby occupiers including Halifax, Home Bargains, and Pendle Rise Shopping Centre situated across the road.

Last update: 14 Aug 2025

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