- Property ID
- Retail, Investment
- 783 sq ft
- Good access to motorway network
• Long established Tenants including jewellers and sandwich bar with first floor separate flat
• Prime town centre location in busy trading position
• Producing £9,300 per annum
The properties are adjoining and situated within Nelson town centre. They are adjacent to the central Library and Ace Centre, a modern office and leisure complex in the heart of the town centre. Car parking as available within close proximity and the main shopping precinct is within five minutes walk.
2a Market Square
The property comprises of a ground floor retail property with a separate first floor flat. The premises are of stone construction with a slate roof. This property is occupied by a Jewellers (Peter’s Jewellers) and the accommodation comprises of a sales area with small workshop to the rear and WC facilities.
Floor area 30.2 sq.m(326 sq.ft)
The first floor flat is accessed off Cross Street and comprises of a living kitchen, one bedroom and a bathroom with three piece suite and a utility room. The property is let on an Assured ShortholdTenancy Agreement.
1a Cross Street
Situated on Market Street and of a stone construction. It is a lock-up sandwich shop, there is one room where the food is prepared and sold and a small store and WC. It extends to 12 sq.m(131 sq.ft)
2a Market Street
Occupied by Peters Jewellers who have been in occupation since 1988. The Tenant is currently holding over on a ten year lease at a yearly rent of £4,500 per annum.
First Floor Flat 2 Market Square.
This is currently let by way of an Assured ShortholdTenancy at £2,400 per annum.
1a Cross Street.
This is occupied as a sandwich shop and the tenant has signed a new three year lease at a rent of £2,400 per annum.
TOTAL INCOME: £9,300 per annum
Each party is to be responsible for their own legal costs.
All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate.
Viewing strictly by appointment with Petty Chartered Surveyors.