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.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating To Follow
Preston City Council
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.
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Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.