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Sold Prior | Lot 44

232/232A Ribbleton Lane, Preston, Lancashire, PR1 5LD

Sold Prior

  • Mixed Use
  • 1 Bedroom
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 18/03/2021

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Part-Income Producing Mixed-Use Property Generating £4,380 per annum (Potential Income £10,380 per annum)

Comprising a two-storey end-terrace / corner property providing a ground floor retail unit and apartment on the first floor. Internally the ground floor unit provides front and rear sales area, rear kitchenette, storage and w.c. The unit benefits from prominent corner position, dual aspect glazed frontage and electric security shutter. We have not inspected the first floor flat, however we understand the accommodation to provide a tenanted self-contained 1-bedroom apartment. Accommodation We have taken the Net Internal Floor Areas from the EPC (Energy Performance Certificate) as follows: Ground Floor – 335 sq ft (31.2 sq m) First Floor – 409 sq ft (38 sq m) Location The property is situated on the corner of Ribbleton Lane (B6243) and Bootle Street, Preston. Preston city centre lies approximately 0.5miles from the property. Tenancy Ground Floor: Vacant First Floor: Let on a rolling lease at £365 pcm / £4,380 per annum. Estimated rental when fully let £10,380 per annum. Tenure See legal pack Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

Preston City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.

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