£60,000

Property for sale

  1.  42 Broadway, Accrington, Lancashire, Bb5 1Ew
Auction

From

£60,000

Property for sale

Broadway, Accrington BB5

Local area information

Property location

Nearby amenities

  • Accrington St John with St Augustine Church of England Primary School 0.2 miles
  • Accrington 0.3 miles
  • Accrington St Mary Magdalen's Church of England Primary School 0.4 miles
  • Church & Oswaldtwistle 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Accrington to find out more about the local area.

Features and description

  • To be offered on Tuesday 24 September
  • High Yielding Retail Investment
  • Let to Maddi's Butterflies - A Local Charity
  • Lease Expires 03/08/2028
  • Producing £9,000 per annum
  • 1,292 sq ft (120 sq m)
  • Asset Management Potential
  • Nearby Units Paying £15,000 per annum
  • Popular Pedestrianised Street
  • Guide Price Reflects 15% Gross Yield
Strapline

Auction Sale - 24/09/2024

High Yielding Retail Investment Opportunity

Let to a Local Chairty on a Five Year Lease Expiring 03/08/2028 and Paying £9,000 per annum

Description

The property comprises a high yielding retail investment opportunity let to a local charity and positioned on a popular pedestrianised street.

Arranged across ground and first floors, the property is let to Maddi's Butterflies on a five year lease expiring 03/08/2028 and paying £9,000 per annum. The lease is on full repairing and insuring terms with a tenants break option 04/08/2026.

We consider the property offers asset management potential, with nearby units paying up to £15,000 per annum.

The property forms part of a popular local parade with a frontage to the pedestrianised Broadway; the main retail pitch within the town.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Accrington
  5. Broadway