BB11 3AG - Commercial property for sale in The Old Woollen Mill, Plumb…

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Commercial property for sale in The Old Woollen Mill, Plumbe Street, Burnley, BB11

Summary - 81, Plumbe Street, BURNLEY BB11 3AG

1 bed 1 bath Commercial Property

Substantial renovated mill with solar panels and secure parking, ready for immediate occupation..
Approx 12,428 sq ft across three storeys and basement
Recently refurbished; ready to trade from
120 solar panels—estimated £800–£1,000 monthly savings
Large electric roller shutter and secure gated off-street parking
Freehold offered at £550,000; excellent M65 access
Sold by modern auction — 56-day completion, fees apply
Medium flood risk; very high local crime and very deprived area
Large footprint requires ongoing maintenance and active management
A rare, substantial freehold mill (c.1914) recently refurbished and offered at approx. 12,428 sq ft, ready to trade from immediately. The building combines period stone character with a modern metal annex, high ceilings, a large basement for storage and secure gated off-street parking. Practical features include a large electric roller shutter, separate stair access to upper floors, office space and kitchen facilities.

This property is highly suited to investors, light industrial operators, storage/distribution or a business needing immediate operational space close to the M65. The roof-mounted 120 solar panels are a meaningful running-cost benefit (estimated savings c. £800–£1,000/month). Freehold ownership and sizeable floor area create long-term flexibility for use or subdivision.

Important sale terms and local considerations: the property is sold by modern auction method and completion is required within 56 days. A Buyer Information Pack must be purchased (£349 inc. VAT) and the successful bidder pays a non-refundable reservation fee of 4.5% (minimum £6,600) in addition to the purchase price. Buyers using mortgage finance should verify suitability with their lender before bidding.

Material negatives you should factor in: the site sits in a very deprived area with very high local crime rates and a medium flood risk. Those factors can affect insurance, security costs and tenant demand. Although recently renovated, the building’s age (1914) and large footprint will still require ongoing maintenance and proactive management.

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