A full planning application has been submitted to convert the building to 66 flats with car parking. The feedback we have received has been extremely positive & this will be the first apartment block in Blackburn.

  • £850,000 – Purchase price
  • £2,640,000 – Development (66 x £40k)
  • £3,490,000 – Total
  • £429,000 – Income (66 x £12552)

We have also leased the rear warehouse back to the Lancashire Telegraph for one year, as this does not impact on the development itself.

£5.6mGrossDevelopment Value

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