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Commercial Development for sale

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

Removed £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

TENANTED 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%. The stone built 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.


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