Commercial Property for sale in Church Street Preston PR1

Sale Price: £75,000

Church Street Preston, PR1 3BT

Commercial Property
-- Bed(s)
-- Bath(s)
Available

 77 Watling Street Road, Preston, Lancashire
*When you call don't forget to mention Overstreet.co.uk

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Street Address

Church Street Preston, PR1 3BT

Property description

Location:
Church Street one of Preston Well Known main roads close to the bus station and Newman College. This takeaway is well in the heart of Preston City Centre.
Close to other retailers consisting of takeaways, restaurants, convenient stores, publics houses.

Description:
This property consists of electric shutters, double glazed windows and ample amount of light flooding into the shop. The ground floor main area consists of tiled floor, seating area for 12, large counter and all the equipment. Good use of lighting and includes CCTV security system.

The kitchen area is fully loaded with all necessary equipment to run a well established takeaway.
Including washing area, cookers, fridges, fryers etc and there is a toilet facility towards the back of the property.

All Fixtures and Fitting included.

Accommodation:
The property provides the following approximate net internal floor areas:

Ground Floor
Retail Zone A – tba
Kitchen - tba
Storage - tba

All measurements have been made in accordance with the RICS Code of Measuring Practice

Service:
All mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

Planning:
Previously used as a takeaway. The premises are considered suitable for a wide variety of uses.
Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.

EPC:
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.
Lease:
The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.

Current lease is 10 years which started from 2009.

Goodwill:
The goodwill is £75,000

Rent:
Rent is £585 PCM. Exclusive of VAT and rates, payable in advance by standing order and subject to contract

Turnover:
The existing turn over is £7,500 per week

Rating assessment:
Rates payable for 2014/2015 are 48.2p in the £.
This property may be entitled to 100% rates relief dependant on circumstance
The Valuation Office Agency website describe the premises as being assessed as a “TAKEAWAY” with a Rateable Value of £tba
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

VAT
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

Legal Cost:
Each party are to be responsible for their own legal costs incurred in the transaction.

Viewings:
Strictly through Kingswood on an appointment basis only.

Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property Features :

  • For Sale
  • Business Only
  • Established Business And Clients
  • Currently Trading
  • Fully Fitted Equipment
  • Busy Parade Location
  • Seating Area
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