Commercial property for sale in Broadway, Accrington BB5
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- To be offered on Tuesday 3 September
- High Yielding Retail Investment
- Let to Salvation Army
- Lease Expires 30/03/2026
- Producing £10,000 per annum
- 2024 Break Clause Not Exercised
- 1,258 sq ft (116.9 sq m)
- Popular Pedestrianised Street
- Guide Price Reflects 15.3% Gross Yield
Property description
Strapline
Auction Sale - 03/09/2024
High Yielding Retail Investment Opportunity Let to Salvation Army
Five Year Lease Expiring 30/03/2026 and paying £10,000 per annum
2024 Break Clause Not Exercised
Description
The property comprises a high yielding retail investment opportunity let to Salvation Army and positioned on a popular pedestrianised street.
Arranged across ground floor only, the property is let to Salvation Army Trading Company Limited on a five year lease expiring 30/03/2026 and paying £10,000 per annum. The tenant did not exercise their break option in 2024 displaying confidence in the location.
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.
.png){kind=logo}