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88-88A Bank St

Just added

Shop for sale

£295,000 695 sq ft

Pearson Ferrier
View the performance or update the listing in CoStar
Contact name

Ashley Gowers - Pearson Ferrier

Full address
88-88A Bank St, Rossendale BB4 8EG – Rawtenstall
Highlights
  • Fantastic Investment Opportunity
  • 9.72% Yield
  • Vibrant Location
  • FULLY LET
Property type
Shop for sale
Asking price
£295,000
Available space range
There is 1 space available. This measures 695 sq ft.
Features
24 Hour Access, Security System, Roller Shutters
Brochure
Download the brochure

Sale details

Sale unit 4013176 Available

695 sq ft, £424.46 per sq ft

Unit Sale unit 4013176
Address 88-88A Bank St, Rossendale, Lancashire, BB4 8EG, GB
Size 695 sq ft
Price £295,000
Price per unit £424.46 per sq ft
Unit Sale unit 4013176
Address 88-88A Bank St, Rossendale, Lancashire, BB4 8EG, GB
Size 695 sq ft
Price £295,000
Price per unit £424.46 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 9.73%
Financial type Actual
Financial year 2018
Net operating income £28,700

Sale notes

  • The property is set over 3 floors.
  • To the ground floor we have a fully let commercial retail unit that has been newly refurbished to a high standard throughout.
  • The floor space is split into two main rooms with a toilet and a kitchen also contained within the space.
  • Internally, the premises have been refurbished to include carpeted floors, cat 2 fluorescent lighting, gas central heating and a suspended ceiling throughout.
  • To the rear ground floor we have a second fully let commercial unit.
  • (known as 88a bank st).
  • To the upper floors by way of separate entrance are two residential flats(known as flat 1 & flat 2 barlow st) which have separate access and are currently let.
  • Both flats have 2 double bedrooms with one having a outside seating area.
  • Overall gross income is approximately £28,700pa.
  • This property is part of a larger portfolio.
  • More information available on request.

Property description

The property is set over 3 floors. To the ground floor we have a fully let commercial retail unit that has been newly refurbished to a high standard throughout. The floor space is split into two main rooms with a toilet and a kitchen also contained within the space. Internally, the premises have been refurbished to include carpeted floors, Cat 2 fluorescent lighting, gas central heating and a suspended ceiling throughout. To the rear ground floor we have a second fully let commercial unit.(Known as 88A Bank St) To the upper floors by way of separate entrance are two residential flats(Known as Flat 1 & Flat 2 Barlow St) which have separate access and are currently let. Both flats have 2 double bedrooms with one having a outside seating area. Overall Gross income is approximately £28,700pa. This property is part of a larger portfolio. More Information available on request.

Building subtype
Storefront
Number of storeys
2
Rentable building area
695 sq ft
Year built
1980

Attachments

PDF #1 Marketing brochure/flyer Download

Major tenants

Reeds Rains

This shop for sale is located in Rawtenstall.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Pearson Ferrier. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pearson Ferrier for full details and further information.