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COMMERCIAL

Lee Lane, Horwich

£370,000
Regency Estates, Horwich
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Fantastic Commercial Investment Opportunity
  • Renovated Double Width End Terrace Property in Horwich Town Centre
  • Long Standing Italian Restaurant Currently on 6 Year Lease Paying £30,000PA
  • 80 Covers, Bar Area, Kitchen to Rear, Two Staircases, Range of W/C and Rooms Upstairs
  • Parking to Rear and Ample Customer Parking Nearby
  • Sought After Horwich Location Close To Amenities & Transport Links
  • No Chain
  • Potential For Other Uses in Future

Description

**FANTASTIC COMMERCIAL OPPORTUNITY IN CENTRE OF HORWICH**

Recently Renovated Throughout to High Standard - Sprawling Accommodation Split Over Two Floors - Currently Let at £30,000 P.A on 6 Year Lease - Ideal Investment Opportunity

Excellent and rare opportunity to purchase a fantastic commercial investment in the heart of Horwich. An end terrace property offering double frontage and huge internal accommodation which has recently undergone full renovation throughout including brand new dining area and new windows.

The property currently trades as Tipico, which is a well known and popular Italian restaurant with a regular clientele. The property has been a restaurant for many years and is well established on the Horwich scene. Ground floor with access from Lee Lane into the bar area and offering 80 covers with large kitchen to the rear with door to the rear and off street parking. The is a disabled W/C next to the staircases to the first floor where there are four separate rooms to the front, kitchen & bathroom area all with views up woads Rivington. There are a number of other storage rooms, separate male and female W/C and a rear stair case used as a fire exit to the rear. The overall floor area is 3,240 sqft (301 sqm) and also has the benefit of a Premises Licence.

Horwich is a busy town with the feel of a village 5 miles to the west of Bolton. Occupation levels in the centre of Horwich is very good, with few voids on either of the main shopping streets. There is good tenant demand for properties of this quality.

The property is let on a six year lease from December 2021 at a rent of £30,000 pa. In addition the tenant pays the insurance premium and is responsible for repairs to the building.



Rateable value £16,000.

Viewing via sole agent - Regency Estates.

Brochures

Full Details

Energy Performance Certificates

Energy Performance Certificate

Lee Lane, Horwich

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackrod Station1.1 miles
  • Horwich Parkway Station1.6 miles
  • Adlington (Lancs.) Station2.5 miles

About the agent

Regency Estates, Horwich

29 Lee Lane Horwich BL6 7AY

Regency Estates, Horwich

Regency Estates are an award-winning agent, winning the British Property Awards for the fifth year running, we have been established since 1992 and we are a family run Agent.

We have the knowledge to give you the best advice around and we have our reputation to protect, which is our best guarantee to you that you will get the professional service you deserve.

Buy, sell, rent or let – the chances are that this will be one of your most important decisions, ever! Be sure to put your

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

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Disclaimer - Property reference 11585069. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Regency Estates, Horwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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