Cottons Chartered Surveyors
Cavendish House, 359 - 361 Hagley Road
Edgbaston
Birmingham
West Midlands
B17 8DL
0121 247 4747
Vicarage Mount, Barrow-In-FurnessOffers in the Region Of £14,000
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On MarketCottons Chartered Surveyors - 0121 247 474700005631
An ATTRACTIVE FREEHOLD INVESTMENT OPPORTUNITY benefiting from an EXISTING 10-YEAR ADVERTISING LICENCE generating £1,400 PER ANNUM, representing a 10% GROSS RETURN based on the asking price. Comprising TWO PARCELS OF FREEHOLD LAND extending to approximately 0.198 ACRES (801 SQ M), occupying a PROMINENT POSITION FRONTING THE PROMENADE on Walney Island, with an established ADVERTISING HOARDING LOCATION. The licence commenced in November 2022 and provides for a 48-SHEET ILLUMINATED ADVERTISING DISPLAY. An opportunity to acquire a LOW-COST, INCOME-GENERATING LAND INVESTMENT with an established commercial use.
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