39 Union Street, Accrington, Lancashire BB5 1PL

Description

A vacant town centre retail unit extending to approximately 110.40 sq.m (1,189 sq.ft) and comprising ground floor retail space, most recently used as a desert parlour together with ancillary accommodation to the first floor.

Accommodation

Ground floor retail space: 66.40 sq.m. First floor ancillary accommodation: 44 sq.m. Total stated: 110.440 sq.m.

Location

Located on Union Street in the centre of Accrington, with nearby occupiers including Boots, Santander and Coral.

Tenure / Property Information

Investment Analysis

Completed sales provide the strongest evidence: the same property recorded at £70,000 in August 2025, September 2022 and September 2020. Nearby 37 Union Street sold for £70,000 in September 2025 and £75,000 in June 2022. On this limited evidence, £70,000 is a reasonable base resale/value indication, with £70,000–£75,000 as an evidence-supported range. The £60,000+ guide is below these recorded sales, but current condition, tenure, lease terms and any special conditions are not supplied.

Investment Snapshot

Strategy Recommendation

Treat as a vacant commercial value/owner-occupier opportunity rather than an income investment until rent, condition, tenure and lease information are verified. Only proceed after commercial valuation and full auction legal-pack review.

Works Required

No specific defects or repair requirements are supplied, so no refurbishment allowance can be responsibly quantified. Due diligence should establish the condition of the ground-floor retail space, first-floor ancillary accommodation, services and any required commercial fit-out before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be underwritten from the supplied evidence. The base resale indication is £70,000 and 75% of this is £52,500, but refurbishment costs, rent, finance costs, tenure and refinanceability are unknown. The £3,600 minimum buyer premium applies at the £60,000 guide, before any other potential special-condition fees.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The property is vacant and commercial, so rent, tenant demand, lease terms, operating costs and void risk require separate evidence.

Flip Analysis

The recorded same-property sales support a resale indication around £70,000, with nearby evidence up to £75,000. However, no refurbishment budget, selling allowance or complete acquisition-cost schedule is available, so a reliable flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or passing rent is provided.

• The property is vacant, creating letting and void risk.

• Condition, services and any required fit-out are not described, preventing a refurbishment budget.

• Tenure and lease details are not supplied; comparable Land Registry records identify leasehold interests but do not confirm the subject's current position.

• Additional fees may be listed in the Special Conditions of Sale and are not quantified.

• Commercial resale evidence is limited and does not establish a formal valuation or guaranteed resale price.

Recommendation

Treat as a vacant commercial value/owner-occupier opportunity rather than an income investment until rent, condition, tenure and lease information are verified. Only proceed after commercial valuation and full auction legal-pack review.

Strategy Rating

Analysis Confidence

Several completed sales support the market indication, including three records for the subject property, but rental evidence, condition, tenure, lease details, refurbishment costs and potential additional auction fees are unavailable.