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Floorplan
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    Key features

    • To be offered on Tuesday 27 January
    • Long Leasehold Leisure Investment
    • Well located in an established leisure area
    • Provides 24 lanes of bowling, an amusement arcade, mini golf, bar and diner.
    • Located adjacent to aTesco Superstore
    • Arranged over 21,003 sq ft and benefitting from a large car park
    • Entirely let on a lease expiring 2035 (no breaks)
    • Benefitting from a recent tenant refurbishment
    • VAT is not applicable
    • Investment let at £155,000 p.a. (20.66% GIY on Guide Price)

    Description

    The property is arranged over ground floor to provide 24 lanes of bowling, an amusement arcade, mini golf, bar and diner.

    The property benefits from a large car park to the front of the building.

    Additional information

    Tenure

    Leasehold. Held for a term of 175 years from July 1981 (thus having approximately 131years unexpired) at a ground rent of £27,000 per annum.

    Accommodation

    Ground Floor - 1,951.2 sq m (21,003 sq ft)

    Tenancy

    Let to Disco Bowl Burnley Ltd on a full repairing and insuring(FRI) lease for a term of 10 years from March 2025 at £155,000 per annum.


    The lease is gauranteed by Disco Bowl Lewisham Ltd and Disco Bowl Hereford Ltd.

    Rent

    £155,000 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior

    to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Burnley is a historic market town in Lancashire, North West England, known for its industrial heritage and scenic surroundings. Nestled between the Pennine hills, it offers a mix of urban convenience and countryside charm. 

      The property is situated at the Southern end of Burnley Town Centre, within walking distance of local shops and amenities.

      Specifically the proeprty is located in the Burnley Wood ward, a mixed-use area with a strong leisure and retail prescence.

      Nearby occupiers include Tesco (adjacent)

      Transport

      Road - Close to the M65 Motorway

      Rail - Burnley Central is on the East Lancashire Line with regular services to Colne, Preston and Blockpool South.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums