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