Invest in Blackburn Retail Property
Posted on 7th October 2014
Robert Pinkus & Co. LLP are marketing an attractive opportunity to invest in retail premises part let to Tesco Stores Ltd. at Bank Top, Blackburn.
Prominently positioned fronting Bank Top (A674) within a residential area just 1/2 a mile west of Blackburn town centre, the mid-terrace property offers a total of 7,181 sq ft over two floors.
The ground floor is let to Tesco Stores Ltd. on a 15 year lease from May 2006 at a rental of £33,311.08 per annum. The first floor is let to gym premises, Blackbunr Fitness4Women on a 3 year lease at a rental of £5,000 per annum.
The property is available for sale subject to the above tenancies and Robert Pinkus & Co. have been instructed to seek offers in excess of £550,000. All enquiries should be made to Joe Assalone on 01772 769000 or email joe@pinkus.co.uk.