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42 BroadwayAccrington
- New
- Sole agency
- Leasehold
Key features
- High Yielding Retail Investment
- Let to Maddi's Butterflies - A Local Charity
- Lease Expires 03/08/2028
- Producing £9,000 per annum
- 1,292 sq ft (120 sq m)
- Asset Management Potential
- Nearby Units Paying £15,000 per annum
- Popular Pedestrianised Street
- Guide Price Reflects 15% Gross Yield
High Yielding Retail Investment Opportunity Let to a Local Chairty on a Five Year Lease Expiring 03/08/2028 and Paying £9,000 per annum
About this property
The property comprises a high yielding retail investment opportunity let to a local charity and positioned on a popular pedestrianised street. Arranged across ground and first floors, the property is let to Maddi's Butterflies on a five year lease expiring 03/08/2028 and paying £9,000 per annum. The lease is on full repairing and insuring terms with a tenants break option 04/08/2026. We consider the property offers asset management potential, with nearby units paying up to £15,000 per annum. The property forms part of a popular local parade with a frontage to the pedestrianised Broadway; the main retail pitch within the town.