Commercial property for sale in Broadway, Accrington BB5
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Property features
- To be offered on Tuesday 3 September
- High Yielding Retail Investment
- Let to Private Individual t/a Cafe Brunch
- Lease Expires 22/09/2027
- Producing £15,000 per annum
- 1,479 sq ft (137.4 sq m)
- Asset Management Potential
- Popular Pedestrianised Street
- Guide Price Reflects 18.75% Gross Yield
Property description
Strapline
Auction Sale - 03/09/2024
High Yielding Retail Investment Opportunity
Let to a Popular Local Cafe on a 12 Year Lease Expiring 22/09/2027 and Paying £15,000 per annum
Description
The property comprises a high yielding retail investment opportunity let to a popular local cafe and positioned on a popular pedestrianised street.
Arranged across ground floor only, the property is let to a private individual trading as Cafe Brunch on a 12 year lease expiring 22/09/2027 and paying £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.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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