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Property Details: • Type: 1,300 sq ft • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opportunity • Licensed Premises • Generating £12,000 per annum rent • Great Location
Location: • Nearest Station: Bury Interchange Tram Stop • Distance to Station: 3.8 miles
Agent Information: • Address: 435 - 437 Walmersley Road, Bury, Lancashire, BL9 5EU
Full Description: DescriptionThis investment property is currently let out to a well established business at an annual rent of £12,000 giving a 12% yield. The spacious ground floor unit is currently a licensed premises used for Comedy Nights, Concerts and other private functions. For more information or to arrange a viewing please contact the office.Ratebale Value - £4,700 ( If this is the purchasers only commercial property and the rateable value is below £13,000, then they could apply for 100% business rates exemption by the council.)Rates payable - £2,345.30 Tenure - LeaseholdEPC - C(If the rateable value is below £50,000, then the rates payable will be 49.9%.However, if the rateable value is £13,000 or less and its your only commercial building then you could apply for 100% business rates exemption.)
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