BB1 5QR - 1 bed capricorn park offices in Capricorn Park, BB1 5QR

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Commercial development for sale in Unit 2B Capricorn Park, Blakewater Road, Blackburn, BB1 5QR, BB1

Summary - Unit 2B Capricorn Park, Blakewater Road, Blackburn, BB1 5QR BB1 5QR

1 bed 1 bath Commercial Development

Two-storey office with parking and immediate rental income opportunity.
4,617 sq ft two-storey office unit with mixed open-plan and cellular space
A substantial two-storey office unit on Capricorn Park, offering 4,617 sq ft of well-proportioned workspace and direct frontage to a popular business park. The building is fitted to a good standard with a mix of open-plan and cellular offices, kitchen and toilet facilities, gas-fired heating and good natural light from perimeter windows. The site includes seventeen parking spaces serving the whole building and benefits from easy access to Junction 6 of the M65 and Blackburn town centre.

The first floor is let to SER Limited at £21,000 per annum for a further 12 months, with the ground floor becoming available from January 2026 and an indicated rent of £22,850 pa. That split makes the property attractive to investors seeking immediate rental income or to an owner-occupier wanting to occupy the available ground floor while retaining rental revenue from above.

Material drawbacks are clear and should be considered: only 12 years remain on the existing lease commitment, and mortgage lenders may refuse standard lending on a property with limited unexpired lease length. Tenure details are unspecified, and the building sits within a generally deprived area — factors that could affect refinancing, borrowing costs and occupational demand.

Overall this is a practical, well-located commercial asset with immediate income potential and clear refurbishment/re-letting upside to improve rent roll. It will suit a buyer comfortable managing lease risk, potential voids and any required updates, or an investor able to acquire with cash or specialist funding where typical high-street mortgage lending is unavailable.

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