Large Investment Property - 7 Units - Bacup [OL13 0AH]
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Prominent Town Centre Position
- Stunning Grade II Listed Property
- Three Retail Units
- Four Apartments
- Total Rental Income £32,160 PA
- 7% Yield
- All Units Currently Let
- Retirement Sale
Description
7-11 Kings Street is a large, Grade II listed property in the centre of Bacup. This impressive property is split into three retail units and four residential apartments - all of which are currently tenanted.
Our client has managed the properties for a number of years and is now ready to retire.
- Premises Details
The commercial units are each approximately 1,200 square feet in size.
7 King Street (Nail Salon) - this is a well presented salon with private treatment room to the rear along with kitchen and bathroom facilities.
9 & 11 King Street (Sunbed Lounge & Beauty Parlour) - This has a traditional shop frontage with plentiful space inside. The units are adjoining, both finished to a high standard with private beauty and treatment rooms alongside individual sunbed rooms.
The four residential apartments are all within the first and second floor. Flats 11A, 11B and 11C are all one bedroomed duplex apartments with fully fitted kitchen, bathroom and living room. Flat 11D is a large two bedroomed apartment with kitchen, family bathroom and living room.
This impressive property also benefits from a large lower ground floor which is currently unused. The building dates back to 1865, once the head office of The Bacup Times, it is steeped in local history and very much a landmark in the town.
- Summary
This beautiful Grade II listed property occupies an enviable trading position in a central area of Bacup. Our client has secured reliable tenants and strong income. Early viewings are very strongly advised
Large Investment Property - 7 Units - Bacup [OL13 0AH]
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Walsden Station4.0 miles
- Todmorden Station4.2 miles
- Smithy Bridge Station6.0 miles
Notes
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