57A & 57-59 Cross Street, Nelson, Lancashire BB9 7NQ

A leasehold investment property comprising two tenanted retail units located in Nelson, Lancashire. The property is a two-storey mid-terrace building with a total rental income of £14,520 per annum. The first unit, 57A, is currently occupied by Faiza Beauty, spanning a total floor area of 68.3 m², and has a tenancy agreement for five years starting from 1st August 2023, with a break clause after three years, generating a rental income of £625 per month (£7,500 per annum). The second unit, 57-59, is occupied by dels Hair Salon, consisting of a double-fronted ground floor retail space with a total floor area of 38.8 m², and has a five-year tenancy starting from 1st September 2023, also with a break clause after three years, yielding £135 per week (£7,020 per annum). The property is located near local amenities and is under the jurisdiction of Pendle Borough Council. The lease has a term of 999 years from 27 September 1877. Further details regarding ground rent and service charges can be found in the legal pack.