Broadway 5 Union Street, Accrington, Lancashire

£530,000

Guide price

* ONLINE AUCTION STARTING BID AT £530,000 CALL KEENANS FOR FURTHER DETAILS 01254 389384 * Majority freehold corner & prime located fully let retail investment which comprises 3 ground floor retail units plus a three storey (plus basement) Barclays Bank, the whole of the property is let with a current income of £55,570 per annum. 5 Union Street (Barclays Bank)- Let by way of a 20 year FRI lease from 15th January 2007 granted to Barclays Bank PLC at a current rent of £38,600 per annum which is subject to upwards only rent reviews in December 2018 & 2023. There is a tenants option to break the lease in 2022. 1 Broadway (Sandwich Shop)- Let by way of a 1 year FRI lease from 22nd June 2018 at a rent of £6,950 per annum granted to an individual. 3 Broadway (Barbers Shop)- Let by way of a 2 year FRI lease from 26th January 2018 at a rent of £4,320 per annum (which rises to £4,560 per annum in January 2019) granted to an individual. 5-7 Broadway (Convenience Store)- Let by way of a 2 year FRI lease from 1st June 2018 at a rent of £5,700 per annum granted to an individual. Total Rent- £55,570 per annum

Disclaimer

All descriptions advertised digitally or printed in regards to this property are the opinions of Keenans Estate Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Keenans Estate Agents and no warranty can be given or implied as to their working order.

Arrange viewing 01254 389384

Keenans

7 Blackburn Road, Accrington, Lancashire, BB5 1HF

See all properties from this agent

Send me homes like this by email

Bury Times