For Sale By Auction | 14:00, 02 February 2021 | Lot 32

Ground/First Floor Office Suites, The Light Buildings, 99 Walker Street, Preston, Lancashire, PR1 2QT

Sold £140,000

  • Commercial Property
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 02/02/2021

Auction Time

14:00

Auction Venue

Live Stream

4 Ground/First Floor Office Suites Totalling 3,832sq ft/355.7sq m. 1,281sq ft Let Producing £8,967pa. 2,551sq ft Vacant

4 Ground/First Floor Office Suites Totalling 3,832sq ft/355.7sq m. 1,281sq ft Let Producing £8,967pa. 2,551sq ft Vacant. The properties being offered form the commercial element of the Light Buildings which is a development of 68 apartments. Superbly located within Preston City Centre, directly opposite the Law Courts and within easy walking distance of all the city centre shops, bars and businesses. Suite 2 is in shell form. Suites 1,2 & 3 have the benefit of carpet floor coverings, suspended ceilings with recessed lighting & double glazed windows. Good income already from the two smaller suites with great potential to significantly enhance this with the letting of the larger suites.

Tenure

See legal pack

Description & Tenancies

Approximate Net Internal Areas

Ground Floor

Unit One - Comprising 683sq ft/63.4sq m Let to Oriel Chambers for a term of 5 years from 1st September 2017 at a rental of £4,781pa. Unit Two - Comprising 1,311sq ft/121.7sq m currently vacant.

First Floor

Unit Three - Comprising 598sq ft/55.5sq m Let to Cameron Clarke Associates who are holding over under the terms of a 1 year lease from 21st November 2017 at a rental of £4,186pa. Unit Four - Comprising 1,240sq ft/115.1sq m currently vacant.

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Lancashire & Preston Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.