Description
Fantastic Investment rental property boasting a 10.9% Yield. Two modernised apartments with separate entrance plus a substantial commercial shop premises combined. Apartments and shop are currently fully tenanted with the commercial shop on a renewed 15 year lease with a rental review period in place. The premises are in a central location in the popular Lancashire town of Leyland. Good access to local amenities, public transport, road and rail links all within close proximity. This is a rare opportunity to add to a existing portfolio or a great starting point for any investor. Briefly comprising : Ground floor front : Entrance to main substantial open plan shop with good main road presence, counter and storage lock up. Currently on renewed lease at £800 pcm with existing tenant with thriving Off licence store which has been operating for a number of years. To the rear of the property : Access by communal entrance and stairwell to 1 & 2 double bedroom apartments with spacious living areas, modern kitchen and bathrooms. Upvc double glazing and gas central heating. Fully tenanted with a £450 and £475 rental. This is a early retirement sale having owned and worked the premises since 2005. Viewings strictly by appointment.
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