9 Standish Street, Burnley, BB11 1AP

Property Details: • Type: 601 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Stone built retail investment in popular trading position • Refurbished property including modern shop front and electric shutters • Let by way of a new three-year lease at an annual rent of £9,000 • Ideal investment property being suitable for a SIPP or SSAS • Attractive yield of 7.8% before purchasing costs • Restricted on street car parking available on both sides of Standish Street • Located close to the Pioneer Place being the new cinema and restaurant development • Positioned close to Primark, Next and Marks & Spencer's

Location: • Nearest Station: Burnley Central Station • Distance to Station: 0.2 miles

Agent Information: • Address: Church House 10 Church Street Padiham Burnley BB12 8HG

Full Description: LocationThe property is positioned towards the bottom of Standish Street close to the Charter Walk Shopping Centre, Primark, Next and a brand new retail development.Standish Street is a busy parade with a strong student footfall being positioned close to the university and Sainsbury's supermarket.DescriptionA two storey stone built premises in a highly prominent position close to Primark, Charter Walk Shopping Centre, Next and a brand new multi million pound retail development.The property is occupied by a private tenant by way of a new three-year lease commencing on the 7th day of August 2023. The property has been refurbished in recent years including a new shop front and electric shutters.Internally the property offers two storey open plan retail accommodation having suspended ceilings with LED lighting, vinyl wood effect flooring and modern bathroom facilities. Standish Street has restricted on street car parking available on both sides of the road.VATWe understand the purchase price is not subject to VAT. ServicesThe property has the benefit of mains water and electricity.Legal CostsEach party is to be responsible for their own legal costs.ViewingsPlease contact the agents: Kelly McDermott Jonathan Wolstencroft Whiteacres Property Church House, 10 Church Street, Burnley, BB12 8HG AccommodationThe accommodation has been measured on a net internal basis excluding the staircase and extends to the following approximate areas:Services ResponsibilityIt is the prospective purchaser's responsibility to verify that all services, appliances are in working order and are of suitable purpose being adequate for their needs.