Unit 5b, Kay Brow, Bury, BL0 9AY
1,300 Sq Ft / Other / Investment
For Sale
- £100,000.00
Available - Last updated: 09 October 2024
Summary
This investment property is currently let out to a well established business at an annual rent of £12,000 giving a 12% yield. The spacious ground floor unit is currently a licensed premises used for Comedy Nights, Concerts and other private functions. For more information or to arrange a viewing please contact the office.
Ratebale Value - £4,700 ( If this is the purchasers only commercial property and the rateable value is below £13,000, then they could apply for 100% business rates exemption by the council.)
Rates payable - £2,345.30
Tenure - Leasehold
EPC - C
(If the rateable value is below £50,000, then the rates payable will be 49.9%.
However, if the rateable value is £13,000 or less and its your only commercial building then you could apply for 100% business rates exemption.)
Key Points
Investment OpportunityLicensed PremisesGenerating £12,000 per annum rentGreat Location
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Leasehold
|
£100,000.00
| NA |
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