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1 Irwell St 1,800 SF 100% Leased Retail Building Bacup OL13 0AA $414,332 CAD ($230.18 CAD/SF)



Investment Highlights
- Freehold mixed-use investment in Bacup town centre
- Three commercial units plus a one-bedroom apartment
- Two commercial occupancies held on monthly rolling agreements
- Current passing income of £14,760 per annum
- Existing residential tenant in occupation for approximately seven years
- Additional rental potential from the unit vacant on completion
Executive Summary
For sale as a freehold mixed-use investment with a current passing income of £14,760 per annum. The owner-occupied retail unit will be provided with vacant possession on completion, offering additional rental potential or scope for purchaser occupation. The café and clothing shop are income producing on monthly rolling agreements, and the one-bedroom apartment is occupied by a long-standing tenant. Price on application. All tenancy, income and occupational information should be verified by the purchaser as part of legal due diligence.
The approximately 1,800 sq ft accommodation comprises three commercial units and a self-contained one-bedroom apartment. The commercial element is arranged as two two-storey shops and one single-storey shop. Two shops and the apartment are income producing, while the owner-occupied retail unit is to be provided with vacant possession on completion, allowing for purchaser occupation or reletting.
The property is a freehold mixed-use building in a prominent Bacup town centre position, surrounded by independent retailers, businesses and residential accommodation. It contains three commercial units and a self-contained one-bedroom apartment, configured across two two-storey shops and one single-storey shop, providing a mix of commercial and residential accommodation within one holding.
The approximately 1,800 sq ft accommodation comprises three commercial units and a self-contained one-bedroom apartment. The commercial element is arranged as two two-storey shops and one single-storey shop. Two shops and the apartment are income producing, while the owner-occupied retail unit is to be provided with vacant possession on completion, allowing for purchaser occupation or reletting.
The property is a freehold mixed-use building in a prominent Bacup town centre position, surrounded by independent retailers, businesses and residential accommodation. It contains three commercial units and a self-contained one-bedroom apartment, configured across two two-storey shops and one single-storey shop, providing a mix of commercial and residential accommodation within one holding.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Building Class
C
Year Built
1850
Price
$414,332 CAD
Price Per SF
$230.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
1 1
Nearby Major Retailers
1 of 13
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Presented by
Lancashire Property Group NW Ltd
1 Irwell St
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