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Cancer Research Uk, 46 Bank Street, Rossendale

Guide Price
£100,000

£73.37 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

1,363 sq ft

127 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to Cancer Research
  • Five Year Lease Expiring 04.01.2027
  • 2025 Break Option Not Exercised
  • Asset Management Potential
  • 1,363 sq ft (126.67 sq m)
  • Prominent High Footfall Pitch
  • VAT-Free Investment
  • Investment Let at £15,000 p.a. (15% GIY on Guide Price)

Description

The property comprises a high yielding retail investment opportunity let to Cancer Research and occupying a prominent high footfall pitch.

Arranged across ground and first floors, the property is let to Cancer Research UK on a five year lease expiring 04.01.2027 and paying £15,000 per annum. The tenant did not serve their 2025 break option displaying confidence in the location, we therefore consider the property benefits from asset management potential via renewal of the lease.

The property benefits from a prominent frontage to Bank Street, the principal retail amenity within Rawtenstall. The street benefits from high footfall and is characterised by a mix of local and national occupiers, including TSB, Mind and Greggs (adjacent).

Brochures

Cancer Research Uk, 46 Bank Street, Rossendale

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Accrington Station4.9 miles
  • Huncoat Station5.4 miles
  • Church & Ostwaldwistle Station5.4 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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