Abbey Street, Accrington, Lancashire, BB5

Property Details: • Type: Apartment • Tenure: LEASEHOLD • Floor Area: 3188 sqft

Key Features: • INVESTMENT OPPORTUNITY • TWO BEDROOM APARTMENT/FLAT & TENANTED SHOP • LONG TERM TENANT PAYING £800PCM • EXCELLENT CONDITION THROUGHOUT • EXCEPTIONAL VALUE AT £71 per sq.ft • NO CHAIN • COUNCIL TAX N/A • EPC RATING TO BE CONFIRMED • LEASEHOLD 999YRS

Location: • Nearest Station: Accrington Station • Distance to Station: 0.3546655709141647 miles

Agent Information: • Address: 22 Blackburn Road, Accrington, BB5 1HD

Full Description: Excellent investment opportunity to acquire a well-presented mixed-use property, comprising a ground/first floor commercial unit with a long-term tenant in situ currently paying £800 PCM, along with a renovated two-bedroom flat finished to a good standard throughout, offering comfortable modern living and the potential to achieve approximately £750 PCM, providing a combined rental income of around £1,550 PCM. EPC: TBC.<br /><br />A fantastic opportunity to purchase this multipurpose building in the centre of Accrington. The property consists of a stunning two bedroom flat/apartment and ground/first floor commercial premises with long term tenant. <br /><br />Flat/apartment second floor - The flat has its own entrance from the rear of the building. There is a generous hall/landing area with wood effect laminate flooring, neutral decoration and pendant light fittings. <br /><br />There is an open plan living/kitchen area with modern kitchen which has fitted wall/base units, an electric oven and ceramic hob. There is a skylight allowing natural light in, tiled flooring and spot lighting. The living space is neutral with pendant light fittings, fitted carpets and under stair storage. <br /><br />There are two double bedrooms with fitted carpets, pendant light fittings and are neutrally decorated. The accommodation is complete with a four piece family bathroom.<br /><br />Shop ground/first floor - The main shop is accessed from the main road. Upon entry the shop has fitted carpets and lighting. To the rear there is a changing room area with spot lighting, fitted carpets, kitchen area and wc. <br /><br />The first floor is currently used as storage for the current tenant but has potential to be converted into a separate flat/living space.<br /><br />The property is currently under one title with separate electric supplies & heating systems. <br /><br />There is no allocated parking but abbey street vendors do benefit from the free car park to the rear of the property.<br /><br />All interested parties should contact Mortimers Estate in Accrington.<br /><br />Flat - all mains services are available. <br /><br />Shop - all mains services are available.