Income Producing Self-Contained Shop and Flat Generating £10,197 per annum

Comprising a two-storey mid-terrace property providing a ground floor retail unit and apartment on the first floor. We have not inspected the premises internally, however we understand the accommodation to provide a ground floor retail unit occupied by a sandwich takeaway shop and a tenanted self-contained 1-bedroom apartment on the first floor. Location The property is situated fronting Ribbleton Lane (B6243), Preston, close to the junction of Geoffrey Street. Preston city centre lies approximately 0.5miles from the property. Tenancy Ground Floor: Let on a rolling lease to private individual t/a sandwich shop at £5,725 per annum First Floor: Let on a rolling lease at £4,472 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.