Sold £153,000
- Mixed Use
- Tenure: See legal pack
Call the team on 0161 925 3254 for more information
Two Shops & 5 Apartments, Part Let, Investment Opportunity
Two Shops & 5 Apartments, Part Let, Investment Opportunity. Situated in the centre of Bacup this property offers an excellent opportunity for an investor to continue with the letting of the individual units or alternatively for a commercial operator looking to occupy the ground floor and benefit from a significant income from the apartments. Briefly comprises Two, vacant, self contained shops and Five self contained one bedroomed apartments, three of which are already Let producing £11,013pa. Great income potential, well in excess of £20,000pa once fully let.
Tenure
See legal pack
Ground Floor
No. 18 Shop 10’0” x 15’0” (3.05m x 4.57m) Office 6’0” x 10’0” (1.83m x 3.05m) WC No 20 Shop 10’7” x 13’0” (3.22m x 3.96m) Office 11’9” x 11’7” (3.58m x 3.53m) WC & whb Apartment One – Not inspected currently tenanted at £3,900pa/£325pcm.
First Floor
Shared Entrance Hall Apartment Two – Not inspected currently tenanted at £3,900pa/£325pcm. Apartment Three – Currently Vacant, comprises: Entrance Hall Lounge 9’9” x 14’10” (2.98m x 4.52m) Kitchen 6’9” x 12’0” (2.06m x 3.66m) Bedroom 9’0” x 12’6” (2.75m x 3.81m) Bathroom 6’0” x 6’6” (1.83m x 1.98m) with shower over bath.
Second Floor
Landing Apartment Four – Not inspected, currently vacant. Apartment Five – Not inspected currently tenanted at £3,213pa/£267pcm.
Outside
To the rear of the apartments is a courtyard which is in separate ownership, however the occupier of the subject property have unrestricted right of access over it at all times. To the side of the property is a car park for the occupiers of the apartments.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Rossendale Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
