- Mixed investment opportunity
- Prime central Horwich
- Long term lease
- Attractive yield
Mixed commercial/residential investment opportunity offering a great long term return - leasehold - 765 years remaining - ground rent £25 p/a
Located on the prime central retail pitch in Horwich town centre, the property is comprised of a retail unit on the ground floor together with a flat at first floor. The entire property is let on a full repairing lease for a term of 9 years from March 2019 at a rent of £13,800 pa.
The ground floor retail unit trades as Brambles Cafe, which has been a longstanding and popular business trading in Horwich. The flat has independent access from the rear and is separately metered.
EPC ratings - Shop - B, Flat - E.
Based on the asking price this property offers an attractive yield of c 8%.
The business is unaffected by this sale.
Viewing by appointment with Regency Estates.