Little Brook Nursery, 244 Blackburn Road - Great Harwood, Lancashire

• Secured Investment until May 2019 let to Little Brook Children’s Nursery
• Available for £295,000 reflecting an initial yield of 8.09%
• Upward only rent review in May 2013 and May 2016
• Prominent main road position ½ mile from Great Harwood town centre
• Adjacent surfaced car park providing approximately 20 spaces

LOCATION
The property is located on the edge of Great Harwood on Blackburn Road, which is one of the primary thoroughfares through the town. Great Harwood is located approximately 3 miles to the east of Blackburn town centre 2 miles from junction 6 and junction 7 of the M65 motorway.
The property is located on the B635 Blackburn Road approximately ½ mile from Great Harwood’s town centre shops.

DESCRIPTION AND ACCOMODATION
The property comprises a substantial period detached building constructed of brick walls under a pitched slate roof. Immediately adjacent to the property is an enclosed, surfaced car park providing approximately 20 car parking spaces.
Internally the property comprises a childrens nursery at ground floor level, divided into several different rooms, and the first floor comprises living accommodation.

LEASE DETAILS
The property is let to Georgina Dawn Hartley and Andrew James Hartley on a 9-year FRI lease from 10th May 2010 at a rent of £25,000.00 per annum. There is to be an upward only rent review on 10th May 2013.
A copy of the lease is available on request.

PRICE
The freehold investment is available for £295,000 reflecting an initial yield of 8.09% after taking into consideration usual purchasers costs of 4.75%

ENQUIRIES
If you require any further information or wish to arrange a viewing please contact:
Mark Carling or Andy McCormack
Hurstwood, Fourth Floor, No 1 Marsden Street, Manchester M1 1HW
Tel: (0161) 220 1999
E-mail: mc@hurstwoodholdings.com or andrew.mccormack@hurstwoodholdings.com

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