Ground Rent Investment at Gate Street, Blackburn, Lancashire, BB1 3AQ

freehold ground rent investment producing £3,864 per annum

Location

The property is situated on Gate Street within an industrial estate comprising similar properties. It lies approximately ½ mile east of Blackburn town centre and 2 miles east of Junction 6 of the M65 Motorway.

Description

Detached industrial premises.

Site Area

Approximately 0.12 Hectares (0.28 Acres).

Costs

The purchaser will make a contribution towards the Council's surveyors and legal costs of £650 plus VAT.

Tenure

Freehold.

Tenancy

Tenant  Agreement  Rental  Review   
Messrs Carlton Thomas   99 yr lease from 01/03/88  £3,864 pa*  7 yrly  
Tatlow & Mark Tatlow  
t/a Tatlow Signs Limited 
*  The rent is effective from 10th May 2010. The reviews are upward only 
  and the next review is 01/03/2016. 

Solicitors

Blackburn with Darwen Borough Council, Legal Department, Town Hall, Blackburn, Lancashire, BB1 7DY.
Tel: 01254 585233. Fax: 01254 585289. E-mail: rabia.saghir@blackburn.gov.uk.
Contact: Miss Rabia Saghir.

Joint Agent

Capita Symonds Ltd, Capita Business Centre, Castleway House, 17 Preston New Road, Blackburn, Lancashire, BB2 1AU.
Tel: 01254 273569.
Contact: Mrs Helen Loney.