Full building mixed use investment in Preston town centre income producing £35,988p.a.
Summary
- Town Centre Location
- Mixed Investment
- 2 Retail Shops
- 2 Residential Apartments
- Full Building
- Income Producing: £35,988p.a.
- Fully Let
- Price: o/o £365,000
Location
The property is located on Guildhall Street, in a mixed retail leisure and office area of the city. Guildhall Street links directly to Fishergate, Preston’s prime retail area and provides a pedestrian link to Winckley Square, the main business district of the city centre.
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Mainline Stations
-
Preston (Lancs)6 mins
-
Lostock Hall45 mins
-
Bamber Bridge51 mins
-
Leyland79 mins
Underground Station
-
Chesham3216 mins
-
Amersham3254 mins
-
Chalfont and Latimer3280 mins
-
Chorleywood3314 mins
Further Information
Price Offers in excess of £365,000
Rates Payable Upon Enquiry
Description
The property comprises a terraced building of traditional construction arranged over four floors, offering ground floor and basement retail accommodation with residential dwellings above.
Summary Info
22 Guildhall Street – held on an F.R.I Lease on a personal name trading as Esquire Barbers at
a passing rent of £12,000 per annum until August 2031, there is a tenants break option in August 2029.
24A and B Guildhall Street – leased on
short assured tenancies with Northwood Letting
Agency at a total rent of £11,988 per annum (after
management fees deducted). The apartments offer 2 x 2 bedroom’s with separate lounge / kitchen area and bathroom with storage within the hallway.
26 Guildhall Street – held on an F.R.I Lease to Health Shop Foods Limited at a passing rent of £12,000 per annum until May 2032 subject to Tenant break options in April 2027 and April 2030.
Area
The commercial units have been calculated to extend to the following internal area;
22 Guildhall Street
Ground: 42sqm (452sq ft)
Bsm: 29.6sqm (319sq ft)
Total: 71.6sqm (771sq ft)
26 Guildhall Street
Ground: 43sqm (463sq ft)
Bsm: 29.2sqm (314sq ft)
Total: 72.2sqm (777sq ft)
Gallery
