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37 Union St 1,296 SF Retail Building Accrington BB5 1PL $120,178 ($92.73/SF)
Investment Highlights
- Short distance to Accrington station
- Centrally located in Accrington
- Easy access to the M65
Executive Summary
This is a two storey retail unit available for sale via auction with Pattinsons. The property is currently let by an established tenant operating a music tuition and rehearsal business. The tenant is part way through a six-year licence agreement expiring in June 2029, subject to a tenant break option at 36 months. It is currently producing a strong rental income of £9,600 per annum.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
1,296 SF
Building Class
B
Year Built
1970
Price
$120,178
Price Per SF
$92.73
Tenancy
Single
Building Height
2 Stories
Frontage
19’ on Union Street
Amenities
- Energy Performance Rating - D
- Automatic Blinds
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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37 Union St
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