**Standout Features:**
- Prominent mid-terrace retail premises with residential flats above
- Ground floor retail space: 105.44 sq. m (1,135 sq. ft.)
- Additional income from two upper flats and a maisonette, generating £20,280 annually
- Central location on Albert Road, near vibrant restaurants and retailers
- Basement storage area and rear enclosed yard
- Short-term lease back option for the ground floor
**Concise Summary:**
Discover a prime investment opportunity in this well-maintained, three-storey Victorian stone building located on the bustling Albert Road in Colne. With a spacious ground floor retail area, this property offers excellent visibility and accessibility, perfect for various business ventures. The upper level features two residential flats and a maisonette, assuring a steady rental income. Each unit boasts multiple bedrooms and living spaces, catering comfortably to families or potential tenants.
The property benefits from a rear loading bay, workshop space, and a generous enclosed yard, providing valuable storage options and possible expansion opportunities. Positioned amid the town’s ongoing redevelopment, this asset is ripe for investors seeking growth in an area with high demand. While the local crime rates are high and the surrounding area is classified as deprived, the excellent transport links and amenities nearby enhance its investment appeal. Don't miss out on this unique chance to own a versatile property with the potential for significant returns!