The property comprises an attractive mixed-use investment opportunity in the heart of Rawtenstall, incorporating a combination of ground-floor commercial accommodation together with residential apartments above. The accommodation is arranged across Bank Street, Baldwin Buildings and Kay Street, providing a diversified investment with income derived from a number of separate commercial and residential occupiers.
The commercial element includes units at 73 Bank Street, 3A Bank Street and 24 Kay Street, with the commercial leases with the residential accommodation separately let, providing an additional stream of rental income alongside the commercial premises.
Overall, the portfolio represents an opportunity to acquire a substantial town-centre investment with a diversified tenant profile and multiple income streams. Its combination of commercial and residential accommodation, together with the various lease expiry dates, provides an incoming purchaser with an established rental investment whilst offering opportunities for active asset management and future rental growth, subject to the individual occupational agreements.