Property Information
Address:
QUEENS LANCASHIRE WAY, BURNLEY
, BB11 1HA
Price: Property no longer available.
Size: 11918 sq ft1107 sqm
Primary Category: Shop
All Categories:
Investment, Shop,
Property Ref/Movehut: MH470022
Property Ref/Agent: BURNLEY - QUEENS LANCASHIRE WAY, BB11 1HA
*Please use the agent ref when calling the agent directly.
Property description
INVESTMENT SUMMARY
Prominent discount store investment in the Lancashire market town of Burnley.
The property benefits from an open A1 consent (including food).
Situated in a prominent trading position on Queens Lancashire Way, the main arterial road into Burnley town centre.
Let to Poundstretcher Stores Limited until April 2036.
Low capital value of ?83.90 psf.
Substantial surface level car park.
Freehold
Total income: ?100,000 per annum
Offers are sought of ?1,000,000 (One million pounds) subject to contract and exclusive of VAT.
An acquisition of this level would reflect a Net Initial Yield of 9.45%
;