Lot
057
Auction: November 2024 Online Auction 06/11/2024 - Bidding opens Tuesday 5th November 10:00 AM

5-13 Regent Street, Haslingden, Rossendale, Lancashire, BB4 5HQ

Property Details
Location
Auction Details
Description
A part-let commercial investment opportunity comprising a public house and adjacent cafe, currently generating £24,960pa of rent. The pub is a three storey property with residential accommodation to the uppers and occupies a prominent corner position. The cafe is adjacent to the pub and is arranged over a single storey: it was recently let at £750pcm (£9,000pa) before the lease was surrendered. The property offers an opportunity for an investor to acquire a property generating income with the potential for a good deal more.
Location
The properties front Regent Street at its northern side and where it intersects with Church Street. The local are is of mixed-use, with residential dwellings and other commercial occupiers located nearby, including a Co-op Food and a Post Office.
Tenure
The property is sold freehold.
Planning
The properties may be suitable for alternatives uses. Any planning enquiries should be directed to Rossendale Borough Council: https://www.rossendale.gov.uk/planning-2.
Tenancy

UnitRent ReservedLease Term
Public house £2,080pcm (£24,960pa)2 years from May 2024
CafeVacant
Total£2,080pcm (£24,960pa)

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 5TH NOVEMBER AND CLOSES ON WEDNESDAY 6TH NOVEMBER.

3. Energy Performance Certificate = C.

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