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The Fountains
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The Fountains

Gisburn Road, Barrowford, Nelson, Lancashire BB9 6DT

  • Convenience retail and restaurant parade with residential ground rent income in attractive North Lancashire village

  • Central position in the village with a strong trading pitch and frontage to the busy A682 Gisburn Road

  • Barrowford is home to various national covenants including Booths Supermarket, Spar and various independent boutiques

  • 7,382 sq ft across 4 commercial units with 33 car spaces to the rear

  • Let to North West Air Ambulance, Honeywell Estate Agents Limited, William Henry Farnworth t/a Will's Wine & Pizza Bar

  • Total guaranteed rental income of £80,675 per annum (£80,000 derived from commercial income)

  • Average weighted unexpired term of 13.4 years (12.5 years to break), disregarding ground rent income this reduces to 3.8 years (2.8 years to break)

  • Freehold

  • Offers sought in excess of £600,000 (Subject to Contract)

  • Attractive 12.80% Net Initial Yield

Viewing and further information

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Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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