Gannow Lane, Burnley

Features

• Investment Opportunity
• Offered for sale with the current tenant in situ
• Tenant is on a lease from April 2023 and will expire December 2030
• Rent is currently set at £420pcm and is scheduled to increase every year until 2027
• Rent paid on the 10th of the month and in advance
• EPC - TBC
• Early viewing is a must!!

Full Description

!! Investment Opportunity !! This end of terrace property is offered for sale with the current tenant in situ.  The current tenant offers Indian Cuisine, and has a lease in place until the end of December 2030.  There are annual rent increase built into the lease, with the rent currently at £420pcm and climbing to £500pcm by January 2027.  The rent will be fixed after 5 years at £500pcm and an agreement is in place that this will not increase further through the duration of the lease.  Early viewing is considered a must!