Ainsworth Lord Estates are pleased to be offering for sale this perfect investment property. (approx. 120 sq m)
Situated in the Whitehall are of Darwen, on an extremely busy road, this perfectly positioned property will always rent well, and command excellent rents, even if the Shop or Flat become empty.
The Shop is leased on a 5 year lease, with approx. 4 years left to run, at a rent of £525pcm (£6,300 pa), and the flat has just been rented to a new tenant for £425pcm (£5,100pa) giving a combined rental income of £950pcm (£11,400), which is 8.4% Yield. This yield can be very easily increased to over 9%.
Ainsworth Lord Estates would be happy to be retained as your managing agent should you purchase this property. We have over 20 years property management experience and our job is to protect your interests and make sure that our landlords/investor clients have the best returns on their investment properties.
GROUND FLOOR SHOP Main Shop/Café Retail Area at front, Kitchen Prep Area at Back, with WC to side. The shop also comes with a large cellar that is currently used for storage and their fridges and freezers.
FIRST FLOOR FLAT Two Bedrooms, very large lounge which is open plan to the kitchen area. At the back you have a large bathroom with WC, Shower with Bath Over and Wash Basin.
As you can see from the pictures, the flat is in excellent condition.
ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.
ALSO, PLEASE BE ADVISED THAT WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent's express prior written consent. The agent's copyright must remain on all reproductions of material taken from this website.