Property description
Kingswood is delighted to offer for sale this part retail and part residential investment opportunity.
Located within a short drive of both the regional motorway networks and the heart of Preston City Centre, this property comprises of a ground floor retail unit with upper residential accommodation, where viewing is highly recommended to appreciate the quality of this property.
When fully let this property has the potential to bring in approximately £800pcm in rental income.
Location
Both Preston City Centre and the regional motorway networks can be found a short drive away. The property also benefits from being found on one of the major public transport routes into the City Centre.
Description
This traditional end-terrace retail unit has a street-front entrance to the shop and a separate entrance to the residential accommodation found to the side of the property.
Internally, the ground floor of the property comprises of a traditional shop layout with large double glazed window with security shutters, laminate wooden flooring, painted walls and shelf racking. There is also a small fitting room to the side elevation befitting the present use as a clothes shop.
There is a small workshop to the rear along with WC facilities.
There is a one bedroom apartment above the property, with a spacious kitchen, and downstairs bathroom comprising of WC, sink and shower cubicle. The apartment benefits from double glazing and central heating.
The roof was replaced in its entirety in 2012.
Rates
The Rateable Value of the property is £1,409 (according to www.voa.gov.uk). The uniform rate is 46.2p in the pound.
Enquiries should be made of Preston City Council in order to confirm the above figures. The property should benefit from small business rate relief.
Terms
Freehold.
Planning
Enquiries should be made of Preston City Council for further planning information.
Service Charge
N/A
Measurements
Ground Floor - Zone A - 22 sq.m
Ground Floor - Zone B - 6.3 sq.m
Store/Kitchen - 5 sq.m
Toilets - N/A
TOTAL - 33.3 sq.m / 358 sq.ft
Services
All mains services are in place and assumed to be in working order.
EPC / Recommendation Report
The EPC and Recommendation Report can both be inspected at your local Kingswood office.
Viewing
Viewing is highly recommended and strictly via Kingswood only.
Please contact Kingswood on:
Preston City Centre Office - Unit 8, Fishergate, Preston, PR1 2NJ - 01772 886 555
Fulwood Head Office - 77 Watling Street Road, Preston, PR2 8EA - 01772 71 71 81
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk
Property Features :