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St. James Square / Tower Street, Bacup, Rossendale

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • St James Square / Tower Street, Bacup, Rossendale
  • 3x Apartments - 2x 1 Bed, 1x Studio
  • Ground Floor High Street Retail Unit
  • Good Passing Trade - Town Centre Location
  • 2 Apartments & Shop Currently Occupied
  • Great Scope To Improve Current Rental Yield
  • AVAILABLE NOW TO VIEW
  • Contact Us To View - BY APPOINTMENT ONLY

Description

*** INVESTOR ALERT *** MIXED USE PORTFOLIO - 1x HIGH STREET RETAIL SHOP, 2x 1 BED APTS, 1x STUDIO APT - Town Centre Location , Great Passing Trade, Apartments With Separate Communal Entrance To Rear, Good Yield Potential Approx 8.5%-9% - AVAILABLE NOW

St James Square / Tower Street, Bacup, Rossendale, Lancashire is a portfolio of 3x Apartments and a ground floor high street retail premises. With 2x 1 Bed and 1x Studio Apartments, plus the centrally located shop front, the properties present a good opportunity to acquire a mixed use portfolio with a predicted fully occupied yield in the region of 8.5%-9%, possibly more. The retail element is currently leased, as are 2 of the apartments, (the studio apartment is currently vacant with a view to selling).

Accessed from Tower Street to the rear, the apartment units have a separate communal entrance and stairway with dedicated meters to each. The shop is access from St James Square itself to the main road.

Bacup Town Centre is an improving and increasing in popularity, as well as being in receipt of regeneration funding and plans, including a new market hall already underway. There is therefore excellent scope from the purchase of this property, to generate a higher future rental yield as the area benefits from growth and investment as a result.

To arrange a viewing or for any further information, please contact our Rawtenstall office.

Shop - 7.13m x 3.44m (23'5" x 11'3") -

Office - 1.85m x 3.44m (6'1" x 11'3") -

Wc -

Flat 1 -

Hall -

Kitchen Area - 2.00m x 3.44m (6'7" x 11'3") -

Open Plan Lounge / Kitchen - 5.51m x 3.60m (18'1" x 11'10") - Window to rear.

Bedroom 1 - 4.29m x 1.81m (14'1" x 5'11") - Window to front, door.

Shower Room -

Flat 2 -

Hall - 2.06m x 1.75m (6'9" x 5'9") -

Open Plan Kitchen / Lounge - 5.78m x 3.69m (19'0" x 12'1") -

Bedroom 1 - 3.23m x 2.86m (10'7" x 9'5") -

Shower Room - 2.71m x 1.18m (8'11" x 3'10") -

Flat 3 -

Open Plan Kitchen / Lounge / Bedroom - 3.73m x 8.51m (12'3" x 27'11") -

Shower Room - 2.80 x 1.16 (9'2" x 3'9") -

Agents Notes - Council Tax: Apartments - Band 'A'
Tenure: Freehold
Stamp Duty: 0% up to £250,000, 5% of the amount between £250,001 & £925,000, 10% of the amount between £925,001 & £1,500,000, 12% of the remaining amount above £1,500,000. For some purchases, an additional 3% surcharge may be payable on properties with a sale price of £40,000 and over. Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.

Disclaimer - Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.

Brochures

St. James Square / Tower Street, Bacup, RossendaleBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

St. James Square / Tower Street, Bacup, Rossendale

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
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About Farrow & Farrow, Rawtenstall

1a-1b Bank Street Rawtenstall Rossendale BB4 6QS

Welcome to Farrow & Farrow

Not all estate agents are the same and Farrow & Farrow are different!

We are a new agent, with new ideas and a fresh new approach to outstanding customer service, but with comprehensive knowledge and market expertise, from working in the Rossendale Valley handling property sales and lettings for over 10 years.

We actively want to sell your property in what is genuinely a difficult market.

Part of what makes us different is a cutting edge approach to using the latest technology, allowing us to target the widest possible audience for your property. We also go the extra mile in customer service, including setting our availability to best suit you and your potential buyers or tenants.

Book your no obligation, free valuation for sales, or lettings appraisal for rental today and discover what Farrow & Farrow can do for you.

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Disclaimer - Property reference 32888624. 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 Farrow & Farrow, Rawtenstall. 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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