Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opportunity • Offered for sale with the current tenant in situ • Tenant is on a lease from April 2023 and will expire December 2030 • Rent is currently set at £420pcm and is scheduled to increase every year until 2027 • Rent paid on the 10th of the month and in advance • EPC - TBC • Early viewing is a must!!
Location: • Nearest Station: Burnley Barracks Station • Distance to Station: 0.5 miles
Agent Information: • Address: 31 Parker Lane, Burnley, BB11 2BU
Full Description: !! Investment Opportunity !! This end of terrace property is offered for sale with the current tenant in situ. The current tenant offers Indian Cuisine, and has a lease in place until the end of December 2030. There are annual rent increase built into the lease, with the rent currently at £420pcm and climbing to £500pcm by January 2027. The rent will be fixed after 5 years at £500pcm and an agreement is in place that this will not increase further through the duration of the lease. Early viewing is considered a must!BrochuresBrochure 1