fully let retail / residential investment
64-64A Victoria Road, Earby, Barnoldswick, Lancashire
For Sale £150,000
Investment in Barnoldswick
1274.56 Sq Ft
- Mixed use investment premises in the popular town of Earby.
- Fully let investment currently generating an annual rental income of £13,620.
- Well presented accommodation refurbished in recent years.
Description
An end parade, stone built property comprising a self contained ground floor barber shop and a separate one bedroom flat to the first and second floors. Both properties have been refurbished in recent years and are well presented, comprising to the ground floor an open plan barber salon with an office, staff room, a store room and WC. The first floor flat comprises a kitchen / dining room, living room, shower room and bedroom to the second floor with Velux windows. Tenancies: 64 Victoria Road is let by way of a 3 year internal repairing and insuring lease at a current rent of £6,500 per annum. 64A Victoria Road is let by way of a 6 month Assured Shorthold Tenancy Agreement which commenced on the 7th February 2024. The current passing rent is £6,600 per annum. Copies of the leases are available upon request.Location
The property is located in a prominent corner position on Victoria Road, the main high street which runs through the town centre of Earby in the Borough of Pendle. Victoria Road is a popular trading location with a number of established businesses nearby including, Whitworth's Chemists, a Co-Op convenience store, Wild's Bakery, Pendleside Hospice and various other established retailers.Accommodation
64 Victoria Road - Barbers Ground Floor: Salon, Office, Staff room, WC, Store 52.41 sq.m (564.14 sq.ft) 64A Victoria Road - Flat First Floor: Living room, kitchen / dining room, shower room Second Floor: Bedroom 66 sq.m (710.42 sq.ft)Services
The property has the benefit of all mains services including gas fired central heating to the first floor flat.Viewing
Old Red Lion,
4 Manchester Road,
Burnley BB11 1HH.
Tel: 01282 456677
Email: [email protected]
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