From
£900,000
(£1,500.00/sq. ft)
Property for saleRetail And Residential Portfolio, Rawtenstall Town Centre BB4
From 600 - 5,319 sq. ft
EPC Rating: C
Just added
Available immediately
About this property
For sale - £900,000 plus VAT
Prominent mixed-use investment in the heart of Rawtenstall town centre
7 Tenancies Across 3 Buildings
Net income of £78,040 per annum
Opportunity for active asset management and future rental growth
Location
Properties included in the sale
The investment comprises a portfolio of four mixed-use properties within Rawtenstall town centre, incorporating both commercial and residential accommodation:
- 24 & 24A Kay Street, Rawtenstall, BB4 7LS
- 3A & 3B Bank Street, Rawtenstall, BB4 6QS
- 73 & 73A Bank Street, Rawtenstall, BB4 7QN
- 4 Baldwin Buildings, Rawtenstall, BB4 7QN - comprising the second-floor accommodation above 73/73A Bank Street
The properties are centrally positioned within Rawtenstall, an established market town in the Rossendale Valley, Lancashire. Bank Street is one of the town centre's principal commercial thoroughfares and is characterised by a varied mix of independent retailers, cafés, restaurants, professional services and other established businesses.
Kay Street and Baldwin Buildings are situated within the same central area, creating a well-located and conveniently grouped investment portfolio. The combination of commercial and residential accommodation provides a diversified town-centre investment, benefiting from immediate access to Rawtenstall's retail, leisure and everyday amenities.
Description
The property comprises an attractive mixed-use investment opportunity in the heart of Rawtenstall, incorporating a combination of ground-floor commercial accommodation together with residential apartments above. The accommodation is arranged across Bank Street, Baldwin Buildings and Kay Street, providing a diversified investment with income derived from a number of separate commercial and residential occupiers.
The commercial element includes units at 73 Bank Street, 3A Bank Street and 24 Kay Street, with the commercial leases with the residential accommodation separately let, providing an additional stream of rental income alongside the commercial premises.
Overall, the portfolio represents an opportunity to acquire a substantial town-centre investment with a diversified tenant profile and multiple income streams. Its combination of commercial and residential accommodation, together with the various lease expiry dates, provides an incoming purchaser with an established rental investment whilst offering opportunities for active asset management and future rental growth, subject to the individual occupational agreements.
Accommodation Text
The various sizes of each of the elements of the properties available on request.
Services
All the properties have all mains services connected and each of the tenants are responsible for payments of their own facilities which are separately metered.
EPC
Available on request
VAT
VAT is applicable to the figures quoted in these particulars.
Lease Terms
Please see tenancy schedule attached for the full lease terms.
Legal Costs
Each party to be responsible for their own legal costs involved in the transaction.
Viewing Detail
Strictly through agents
Taylor Weaver
(James Taylor
Properties included in the sale
The investment comprises a portfolio of four mixed-use properties within Rawtenstall town centre, incorporating both commercial and residential accommodation:
- 24 & 24A Kay Street, Rawtenstall, BB4 7LS
- 3A & 3B Bank Street, Rawtenstall, BB4 6QS
- 73 & 73A Bank Street, Rawtenstall, BB4 7QN
- 4 Baldwin Buildings, Rawtenstall, BB4 7QN - comprising the second-floor accommodation above 73/73A Bank Street
The properties are centrally positioned within Rawtenstall, an established market town in the Rossendale Valley, Lancashire. Bank Street is one of the town centre's principal commercial thoroughfares and is characterised by a varied mix of independent retailers, cafés, restaurants, professional services and other established businesses.
Kay Street and Baldwin Buildings are situated within the same central area, creating a well-located and conveniently grouped investment portfolio. The combination of commercial and residential accommodation provides a diversified town-centre investment, benefiting from immediate access to Rawtenstall's retail, leisure and everyday amenities.
Description
The property comprises an attractive mixed-use investment opportunity in the heart of Rawtenstall, incorporating a combination of ground-floor commercial accommodation together with residential apartments above. The accommodation is arranged across Bank Street, Baldwin Buildings and Kay Street, providing a diversified investment with income derived from a number of separate commercial and residential occupiers.
The commercial element includes units at 73 Bank Street, 3A Bank Street and 24 Kay Street, with the commercial leases with the residential accommodation separately let, providing an additional stream of rental income alongside the commercial premises.
Overall, the portfolio represents an opportunity to acquire a substantial town-centre investment with a diversified tenant profile and multiple income streams. Its combination of commercial and residential accommodation, together with the various lease expiry dates, provides an incoming purchaser with an established rental investment whilst offering opportunities for active asset management and future rental growth, subject to the individual occupational agreements.
Accommodation Text
The various sizes of each of the elements of the properties available on request.
Services
All the properties have all mains services connected and each of the tenants are responsible for payments of their own facilities which are separately metered.
EPC
Available on request
VAT
VAT is applicable to the figures quoted in these particulars.
Lease Terms
Please see tenancy schedule attached for the full lease terms.
Legal Costs
Each party to be responsible for their own legal costs involved in the transaction.
Viewing Detail
Strictly through agents
Taylor Weaver
(James Taylor
Mortgage calculator
Monthly repayment
£4,502 per month
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