Report a Fault 45 Bradshawgate, Leigh WN7 4MB
1,260 Sq Ft
£125,000
- Type: Retail, Investment
- Availability: Sold STC
- Investment
- Let to Subway Realty Limited for 10 years from September 2018
- Passing rent £12,000 per annum
- Rent Review 18th September 2023
- Net initial yield of 9.6%
- High Street Location
FOR SALE: Retail investment for sale let to Subway Realty Limited in the busy pedestrianised town centre location on the northern side of Bradshawgate, Leigh’s principal thoroughfare between Union Street and Silk Street.
The property is a mid terraced 3 – storey high street takeaway with ground floor retail sales 71.4 sqm/765 sq.ft, first floor offices 25.7 sqm/399 sq.ft and second floor storage 14.5 sq.m/156 sq.ft totalling 117.14 sqm/1,260 sq.ft.
The ground floor sales area is fitted out as Subway branded food preparation station with dining seating.
The property is let to Subway Realty Limited for a term of 10 years from 18 September 2018 at a current rent of £12,000 per annum subject to a rent review on 18 September 2023. The lease is drawn on full repairing and insuring terms.
Tenure: Freehold
Price: £125,000 reflecting a net initial yield of 9.6%
Contact richard.smith@fifieldglyn.com for further detail or an inspection (Mobile 07966 245999).
The property is a mid terraced 3 – storey high street takeaway with ground floor retail sales 71.4 sqm/765 sq.ft, first floor offices 25.7 sqm/399 sq.ft and second floor storage 14.5 sq.m/156 sq.ft totalling 117.14 sqm/1,260 sq.ft.
The ground floor sales area is fitted out as Subway branded food preparation station with dining seating.
The property is let to Subway Realty Limited for a term of 10 years from 18 September 2018 at a current rent of £12,000 per annum subject to a rent review on 18 September 2023. The lease is drawn on full repairing and insuring terms.
Tenure: Freehold
Price: £125,000 reflecting a net initial yield of 9.6%
Contact richard.smith@fifieldglyn.com for further detail or an inspection (Mobile 07966 245999).
