Commercial Property for sale

The Boar's Head, Church Street, Newchurch, Rossendale, Lancashire, BB4 9EH

£200,000

Property Description

Key features

  • TENANTED INVESTMENT OPPORTUNITY
  • SECURED FULL REPAIRING AND INSURING TENANCY UNTIL SEP '15
  • SUBSTANTIAL PROPERTY OF TRADITIONAL CONSTRUCTION C.1674
  • NEWCHURCH TOWN CENTRE
  • 9.48% YIELD

Full description

Tenure: Freehold

Investment opportunity. A public house with secured tenancy on a Full Repairing and Insuring (FRI) lease until September 2015. The yield is currently 9.48%, however, this will rise after an upward only rent review in October 2013. The stone property was originally constructed in 1674 and the accommodation over three floors briefly comprises: a large bar and lounge area, commercial kitchen, male and female toilets, first floor, two bedrooms, lounge, office, wc and an open second floor. To the outside there is a flagged beer garden to the rear with views over the Rossendale Valley.




More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Accrington (6.1 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Pearson Ferrier, Bury - Commercial

435-437 Walmersley Road Walmersley Bury BL9 5EU

0843 103 3818 Local call rate

How much will it cost me to call the 0843 number displayed on the site?

Calls to this number will be charged at 4 pence per minute from BT landlines. Calls from other networks may vary. Calls from mobiles and outside the UK will be higher.

Disclaimer

Property reference 59. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pearson Ferrier, Bury - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.