Overview
Description
Location
The property is located on the north side of Broad Street at its junction with Back Market Street West in Bury Town Centre. All town centre amenities including shops, bars and restaurants are within close proximity. Transport links are also within close proximity including Bury Bus Interchange and Bury Metrolink Station.
The property comprises a three storey property of brick construction beneath a pitched slate roof.
The ground floor is currently fitted as a café for internal use of the business. This unit could be let independently subject to any necessary consents. The first and second floors essentially comprise cellular office space which is utilised as classroom space by the tenant.
The property is currently tenanted by Fair Futures CIC - a community interest company working with schools and council services to provide specialist teaching and support for young people, adults and families.
Website https://www.fairfuturescic.org
We are informed that the property is held freehold.
Summary
Key points
- Town Centre Investment currently producing £27,100pa
- Attractive net initial yield of 10.07%
- 2 car spaces at the rear
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