Lot
064
Auction Ends: 28/02/2024 - Bidding opens Tuesday 27th February 10:00 AM

6, 6a, 6b & 6c Ormerod Street, Rawtenstall, Rossendale, Lancashire, BB4 8EB

Property Details
Location
Description
A retail investment opportunity comprising three retail units with accommodation arranged over ground and first floors. Each of the units are currently let producing an annual income of approximately £23,490. The sale provides an excellent opportunity for a local landlord looking to acquire a high yielding investment let to established tenants.
Location
Ormerod Street is accessed off Bank Street, one of the main retail thoroughfares in Rawtenstall with a variety of different independent tenants including coffee shops and restaurants. Ormerod Street itself is a no through road with a public car park situated directly opposite the retail units which sit next to small number of residential properties. Rawtenstall
Accommodation
Pugh & Co have not inspected the properties internally
Tenancy

6 Ormerod Street£5,720 per annum (lease expiring September 2027)
6a/c Ormerod Street£11,770 per annum (lease expiring June 2027 with break option June 2025)
6b Ormerod Street£6,000 per annum (lease expiring January 2026)

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 27TH FEBRUARY AND CLOSES ON WEDNESDAY 28TH FEBRUARY.

3. Energy Performance Certificate = 6 = D. 6b = B. 6a-6c = C.

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