Newchurch Rd 3,187 sq ft 100% Let Industrial Property Bacup OL13 0TB £485,000 (£152.18/sq ft) 2.47% Net Initial Yield

Two modern workshop units with good loading and parking facilities together with an adjoining jet wash facility. The industrial units are of brick construction with insulated internal block work walls and a profile clad roof. Unit 1 has been occupied for a number of years as a motor vehicle repair garage and comprises a workshop, kitchenette, WC and a first floor office. Unit 2 also comprises a workshop, offices, kitchenette and a WC. Each unit has the benefit of good eaves height, concrete flooring, three phase electricity, gas space heating and roller shutter loading doors. Unit 2 is currently tenanted at a passing rent of £12,000 per annum. Fronting Newchurch Road is a drive in, drive out car jet wash facility ideally suited to a similar use, or possible car sales use. The site has former planning consent (Planning application number 2015/0030) for demolition of the workshop units and construction of 9 dwellings with access from Four Lane Ends Road. Further details are available on request.