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Large Investment Property - 7 Units - Bacup [OL13 0AH]

£394,995

Business rates & charges may apply

Blacks Business Brokers, Bury
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

- About
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]

Approximate location

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

About Blacks Business Brokers, Bury

Bury St. Marys Place, Bury, BL9 0DZ

At Blacks Business Brokers we understand there is no substitute for knowledge and experience. Our dedicated and professional team has over 50 years combined expertise in the Business brokering Sector and therefore we know the important factors in achieving results.

Blacks Business Brokers aims to provide a comfortable one-2-one experience with a unique way of launching businesses onto the market. Forward thinking, innovative attitude is designed to offer a professional, efficient service on a more approachable level.

“Blacks Business Brokers is a highly focused, young dynamic organisation that conducts business differently, combining traditional values with modern marketing methods”.

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Disclaimer - Property reference 8125. 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 Blacks Business Brokers, Bury. 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.

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