prominent retail investment premises

81 Abbey Street, Accrington, Lancashire

For Sale £110,000

in Accrington

1517 Sq Ft

• Spacious retail premises let to established Pharmacy who have been in occupation since 2016.
• Currently producing gross rental income of £9,000 per annum.
• Prominent roadside location with parking adjacent, close to Accrington Town Centre.
• Ideal investment opportunity suitable for a SIPP or SSAS.

Description

A well located, two storey retail property currently let to an established independent pharmacy that has been in continuous occupation since 2016. Internally, the ground floor features a large open plan pharmacy/reception, an office, storeroom, and WC. The first floor is configured with a dispensary room, a second storeroom, and a staff room/kitchenette. Conveniently situated on the edge of Accrington town centre, the property benefits from easy access and on-street parking directly adjacent. The property presents an ideal investment opportunity, with the current Internal Repairing and Insuring Lease providing a passing rent of £9,000 per annum. The lease term is fixed for 5 years, expiring on 29th September 2027.

Location

The property occupies a prominent mid parade position on Abbey Street close to its junction with Eastgate (A680), a busy main road on the edge of Accrington town centre. Abbey Street is a popular trading location with a number of established independent retailers, solicitors and estate agents located close by.

Accommodation

Ground Floor Pharmacy 42.57 sq.m 458.22 sq.ft Office 11.44 sq.m 123.14 sq.ft Store 14.29 sq.m 153.81 sq.ft WC 3.17 sq.m 34.12 sq.ft First Floor Dispensary 38.89 sq.m 418.61 sq.ft Store 15.86 sq.m 170.71 sq.ft Kitchenette / staff room 14.74 sq.m 158.66 sq.ft GIA: 140.96 sq.m 1,517.3 sq.ft

Services

The property has the benefit of mains electricity and water.

Viewing

Old Red Lion,
4 Manchester Road,
Burnley BB11 1HH.

Tel: 01282 456677
Email: [email protected]