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Commercial Development for sale

New Hall Lane, Preston

Guide Price £189,000

Property Description

Key features

  • Office/ retail space set over two floors
  • Fully occupied
  • Five year leases from 2017
  • Rental income of 1,550 pcm (18,600 pa)
  • Net yield of 9.84%
  • FRI lease
  • Recently refurbished
  • Approximately 3,465 Sq Ft
  • Busy main road location
  • Good transport links

Full description

This spacious retail unit offers useable office’s & showroom set over two floors. The premises are very well fitted out, having undergone a recent programme of refurbishment.

The property has the benefit of suspended ceilings and central heating throughout. Ground floor having a sales/ office area, storage facilities, WC and kitchen area. To the first floor there is an open plan split level office space, two separate offices, a kitchen area and two WC’s.

To the lower ground floor there is a useful tanked basement running the full length of the building with power, lighting and is partially carpeted. Externally there is a small rear yard area. The property could be let as a whole or divided into two letting units with some minor alterations.

Accommodation - Total 322 Sq M. (3,465 Sq Ft.)

Approx. net internal floor area

Services - We understand the property has mains electric, water & drainage.

Tenure - The property is freehold

Business Rates - The premises do not appear to have been assessed as a whole unit for business rates. We recommend that interested parties contact Preston City Council for further information.

Please be advised an internal inspection has not been undertaken and photographs and measurements have been provided by a third party.


More information from this agent

Nearest stations

  • Preston (1.1 mi)
  • Bamber Bridge (2.6 mi)
  • Lostock Hall (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Preston (1.1 mi)
  • Bamber Bridge (2.6 mi)
  • Lostock Hall (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26981150. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Pye Property, Nottingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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