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COMMERCIAL

36 Lune Street, Preston

Guide Price
£140,000
Sutton Kersh Auction, Liverpool - Auction
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 23 May 2024 at
  • Virtual Livestream Online Auction
  • Lot Number : 34
  • Commercial Investment
  • £140,000 +

Description

A freehold retail investment producing £15,500 per annum.

The property comprises a three storey mid terraced property currently trading as a nail salon.

We understand the current tenant has been in occupation for circa 15 years.

Situated
Situated within a prominent position fronting Lune Street within Preston Town Centre.

Ground Floor
Sales Area 48.5s sqm (522 sqft)

First Floor
Hair Salon 52.3 sqm (563 sqft)
Kitchen 23.23sqm (250 sqft)

Second Floor
Office/Living Room & Kitchen 44.04 sq m (474 sq ft)
Rear Office 14.49 sq m (156 sq ft)
Shower Room/W.C

Lease
The property is let by the way of a 7 years full repairing and insuring lease at a rental of £15,500 per annum - with 3 yearly rent reviews.

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

36 Lune Street, Preston

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Preston Station0.3 miles
  • Lostock Hall Station2.5 miles
  • Bamber Bridge Station2.8 miles

About the agent

Sutton Kersh Auction, Liverpool - Auction

2 Cotton Street, Liverpool, L3 7DY

Sutton Kersh Auction, Liverpool - Auction

The benefits of selling through Sutton Kersh Auctions:

• FREE, accurate, no obligation market appraisal

• 28 day completion

• No price ceiling

• Intensive marketing

• Exposure to 30000+ investors across UK

• Professional & honest service

Sutton Kersh Auctions is Merseyside's most successful auction house. In 2016 we sold more properties than all of our local competitors combined, maintaining our position as market leader for the 11th consecutive year.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 19982. 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 Sutton Kersh Auction, Liverpool - Auction. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sutton Kersh Auction, Liverpool - Auction on 0151 207 6315.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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