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For Sale £159,995

Lee Lane, Horwich

Summary
Bedrooms 1 Bedroom
Bathrooms 1 Bathroom
Commercial investment opportunity available with a sitting tenant providing circa 8% yield. Tenant due to sign a five-year contract. Double-fronted, stone built premises in high profile town centre location. Entire unit let to one single tenant.

The Property:
A double-fronted stone built commercial premises located in a thriving town centre with relatively fixed supply of commercial opportunities. The property has been occupied by its current tenant for some time and they are also looking to sign a fresh five-year tenancy. The versatile accommodation includes a café to the ground floor with a useful cellar store room and private access to the first floor level whilst there is also a useful cellar storage room. Based on the asking price and the rental income of £12,800 per year the unit should provide a return of around 8%. Should there be any further queries do please contact out office.

The Area:
Horwich is a thriving town with a good variety of residential property with several plans in place for further development of former industrial and educational sites. Despite this increase in building the commercial units within the town centre are of a relatively short supply. The convenient location has access to both Horwich Parkway and Blackrod train stations which are on the mainline to Manchester and junction 6 of the M61 serves the town well. Many people settle within the area due to the pleasant commercial centre and good convenient access to the aforementioned infrastructure, whilst the surrounding countryside of the West Pennine moors attracts many residents and visitors. There are several nurseries, primary and secondary schools and we feel that due to the impending residential development this it is a great opportunity to invest in a commercial property within the area.

Room 1
10' 2" x 20' 6" (3.10m x 6.25m) with front window fitted with serving counter.

Room 2
10' 11" x 9' 4" (3.33m x 2.84m) Kitchen area with access to the rear yard.

Room 2 / Front right
15' 2" into bay x 11' 3" into alcove (4.62m x 3.43m) access into the Cellar.

Room 2 / Rear right
25' x 11' 2" (7.62m x 3.40m) with rear exit door.

Room 3 Kitchen
6' 5" x 10' 2" (1.96m x 3.10m)

WC
3' 10" x 8' 5" (1.17m x 2.57m) with wc and hand basin

Vestibule
3' 10" x 3' 6" (1.17m x 1.07m) Entrance vestibule. First floor flat stretches across both units.

Room 1
13' 9" x 10' 11" (4.19m x 3.33m) looking at the property - top right hand window.

Room 1 - back right hand
10' 6" x 8' 1" (3.20m x 2.46m)

Kitchen
5' 11" x 10' 9" (1.80m x 3.28m) fitted kitchen with wall and base units in wood grain, integral hob and oven, space for fridge freezer and washing machine.

Room 3
10' x 15' 3" (3.05m x 4.65m) top left looking from the front

Room 4
7' 9" x 5' 1" (2.36m x 1.55m) to the rear

Shower Room
10' 10" x 4' 4" (3.30m x 1.32m) with corner shower cubicle with shower, wc and handbasin.

Hallway
5' 1" max x 11' 6" (1.55m x 3.51m) inner hall with access to stairs.

Directions:
Exit Horwich via Lee Lane towards Chorley and the property will be just beyond the second pelican crossing on the left.

Download Brochure
  • Commercial investment opportunity
  • Double-fronted stone premises
  • Entire unit let to one tenant
  • Five year contract in place
  • High profile location
  • Thriving town centre
Property Consultant
Contact Ben Washington
Ben Washington
Director
Call me 01204 697919
Email me