**Standout Features:**
- Newly renovated converted warehouse with industrial style
- Freehold tenure, offering long-term ownership potential
- Possible multi-use premises ideal for retail and office space
- Over £1 million invested in redevelopment
- Estimated property value of £1.5 million
- Corner property in a vibrant urban area
**Notable Concerns:**
- Located in an area with very high crime rates
- Situated in a very deprived neighborhood
This multifaceted commercial development in Blackburn, Lancashire, represents an enticing opportunity for investors and property developers alike. Recently transformed into a stylish industrial space, this freehold property boasts extensive renovations totaling over £1 million, presenting a rare chance to secure a property valued at approximately £1.5 million. Its flexible design allows for a mix of retail and office usage, making it a prime candidate to enhance any property portfolio.
The building's location in an urban cultural mix fosters an engaging atmosphere, although prospective buyers should be mindful of the area's very high crime rates and socioeconomic challenges. The premises benefit from excellent mobile signal and average broadband speeds, essential for modern businesses. Furthermore, the property is strategically positioned amidst various local amenities, from schools with good Ofsted ratings to an array of shops and restaurants, appealing to both businesses and potential renters. Don’t miss this unique chance to invest—opportunities of this caliber are not on the market for long!