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54 Moor Ln 3,771 SF Retail Building Clitheroe BB7 1AJ $366,530 ($97.20/SF) 6.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Freehold Town Centre Investment Opportunity
- Open Plan Ground Floor Sales Area 1,500 Sq. Ft.
- Adjacent to Holmes Mill Complex and Opposite Sainsbury’s Food Store
- Extremely Prominent Position
EXECUTIVE SUMMARY
The premises are leased to Fortress Kitchens Limited for a term of six years with effect from 11 October 2023 at a rental of £16,800 per annum. The lease makes provision for an upward only rent review on the third anniversary. The tenant has an option to terminate the lease on the third anniversary.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,771 SF
Year Built
1901
Price
$366,530
Price Per SF
$97.20
Cap Rate
6.11%
NOI
$22,392
Tenancy
Single
Building Height
2 Stories
Frontage
42’ on Moor Lane
AMENITIES
- 24 Hour Access
- Security System
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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54 Moor Ln
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