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54 Moor Ln 3,771 sq ft Retail Property Clitheroe BB7 1AJ £275,000 (£72.92/sq ft) 6.11% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Freehold Town Centre Investment Opportunity
- Open Plan Ground Floor Sales Area 1,500 Sq. Ft.
- Adjacent to Holmes Mill Complex and Opposite Sainsbury’s Food Store
- Extremely Prominent Position
EXECUTIVE SUMMARY
The premises are leased to Fortress Kitchens Limited for a term of six years with effect from 11 October 2023 at a rental of £16,800 per annum. The lease makes provision for an upward only rent review on the third anniversary. The tenant has an option to terminate the lease on the third anniversary.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
3,771 sq ft
Year Built
1901
Price
£275,000
Price per sq ft
£72.92
Yield
6.11%
NOI
£16,800
Tenancy
Single
Number of Floors
2
Frontage
42 ft on Moor Lane
AMENITIES
- 24 Hour Access
- Security System
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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54 Moor Ln
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