Restaurant for sale

London Terrace, Darwen BB3

Mixed-Use Investment Opportunity - Commercial Chippy / Takeaway & Self-Contained Apartment

Asking Price: £165,000
Gross Annual Rental Income: £14,700
Gross Yield: 9%+

An excellent opportunity to acquire a fully income-producing mixed-use investment comprising a ground floor fish and chip takeaway together with a recently refurbished one-bedroom apartment above.

Occupying a prominent corner position, this well-maintained property offers an attractive combination of commercial and residential income, making it an ideal addition to any investment portfolio.

Commercial Premises

The ground floor comprises an established fish and chip takeaway with a practical and well-designed layout including:

Front retail, serving and frying area
Additional middle cooking and food preparation area
Rear preparation and storage room
Existing catering equipment, understood to be in working order and recently serviced

The commercial unit is currently producing £600 per calendar month (£7,200 per annum).

Residential Accommodation

Accessed via its own private entrance to the rear, the apartment has been fully renovated to a high standard throughout and offers modern, spacious accommodation comprising:

Bright and spacious lounge with contemporary décor
Stylish fitted kitchen with grey wood-effect units, integrated oven, hob and extractor
Generous double bedroom with feature wall and inset ceiling spotlights
Modern bathroom with bath, shower over, WC and wash hand basin

The apartment enjoys an excellent location within walking distance of Darwen town centre, together with convenient access to local amenities, public transport and motorway links.

The residential accommodation is currently let at £625 per calendar month (£7,500 per annum).

Investment Summary

Commercial Income £7,200 per annum
Residential Income £7,500 per annum
Total Rental Income £14,700 per annum
Asking Price £165,000
Gross Yield 9% Scope to increase.

Key Features
Prominent corner position
Ground floor commercial takeaway
Self-contained one-bedroom apartment
Existing commercial equipment included (subject to contract)
Refurbished residential accommodation
Established rental income from both units
Excellent town centre location with strong transport links
Attractive 9%+ gross yield

This represents an excellent opportunity to acquire a high-yielding mixed-use investment offering immediate rental income from both commercial and residential occupiers. With a combined annual income of £14,700, the property delivers an impressive 9%+ gross yield at the asking price of £165,000, making it an appealing proposition for both experienced and first-time commercial investors.