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Fisher Wrathall Surveyors Limited, Lancaster
An excellent opportunity to acquire a prominent mixed use investment property in the heart of Lancaster City Centre, comprising established ground floor commercial premises with six bedroom student HMO accommodation above, generating a combined gross rental income of £51,536 per annum, representing a gross rental yield of 9.8%. The ground floor commercial premises extend to approximately 1,840 sq ft and are currently occupied by Lancaster Bed Company, a well established tenant of over 10 years, producing an annual rental income of £14,000 and providing an established commercial income stream. The upper floors comprise six generously sized student bedrooms, a spacious communal kitchen and living room, a bathroom and a separate shower room, with independent access from the front of the property. The accommodation is presented in good condition throughout and has an excellent letting history, generating a student rental income of £37,536 per annum, with each bedroom let at £136 per week on a 46 week tenancy. The student accommodation is professionally managed by IPM Student, providing an established management arrangement for the residential element of the investment. The combination of a longstanding commercial tenant and well maintained student accommodation presents an attractive mixed use investment opportunity, offering established income alongside strong rental demand and long term investment potential in a highly sought after central location.
Marketed by Fisher Wrathall Surveyors Limited, Lancaster
Fisher Wrathall Surveyors Limited, Lancaster
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Penny Street, Lancaster, Lancashire, LA1 1XN

1,840square feet
High street retail
Residential development
Shop
Other
An excellent opportunity to acquire a prominent mixed use investment property in the heart of Lancaster City Centre, comprising established ground floor commercial premises with six bedroom student HMO accommodation above, generating a combined gross rental income of £51,536 per annum, representing a gross rental yield of 9.8%. The ground floor commercial premises extend to approximately 1,840 sq ft and are currently occupied by Lancaster Bed Company, a well established tenant of over 10 years, producing an annual rental income of £14,000 and providing an established commercial income stream. The upper floors comprise six generously sized student bedrooms, a spacious communal kitchen and living room, a bathroom and a separate shower room, with independent access from the front of the property. The accommodation is presented in good condition throughout and has an excellent letting history, generating a student rental income of £37,536 per annum, with each bedroom let at £136 per week on a 46 week tenancy. The student accommodation is professionally managed by IPM Student, providing an established management arrangement for the residential element of the investment. The combination of a longstanding commercial tenant and well maintained student accommodation presents an attractive mixed use investment opportunity, offering established income alongside strong rental demand and long term investment potential in a highly sought after central location.
Marketed by Fisher Wrathall Surveyors Limited, Lancaster
Fisher Wrathall Surveyors Limited, Lancaster
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26 28 DEANSGATE , BLACKPOOL, LANCASHIRE , FY1

2,400square feet
Café
High street retail
Restaurant
Takeaway
Shop
Other

North Valley Road, Colne, Lancashire, BB8 9AG

1,511 - 24,702square feet
Showroom
Warehouse
Shop
Storage
Trade counter
Restaurant
ALL ENQUIRIES - Highly prominent industrial / trade / roadside opportunity benefitting from excellent frontage and prominence on North Valley Road, Colne suitable for a variety of uses STPP SUMMARY *Former car showroom and workshop premises *Large four storey mill area with goods lift *Over 25,000 daily vehicle movements passing the site *0.98 acre site with 24,702 Sq Ft GIA *Potential for trade counter, automotive/motor trade, workshop / industrial, roadside, self storage, drive thru and food retail uses STPP *Located close to McDonalds, KFC, Greggs, Aldi, BMW, Sainsburys and TK Maxx *Attractive roadside detached showroom area of 1,500 Sq Ft *Rental and freehold prices available upon application *Approx 80 parking / display spaces *Secondary exit via Brook Street LOCATION The property is located in Colne, 33 miles north of Manchester and fronts North Valley Road in a high trafficked area with over 25,000 vehicles passing the site each day. The site sits in a prime position fronting the bust roadside providing excellent visibility and the potential for roadside, automotive, trade and retail opportunities stpp. The property is located less than a mile from the M65 motorway which provides access to major Lancashire towns such as Blackburn and Preston. The national motorway network is accessible within a 30 minute drive via M65 J2 which links with M6 and M61. Nearby occupiers include Sainsburys Supermarket, Sainsburys PFS, Aldi, Lidl, TK Maxx, McDonalds, Greggs,...
Marketed by Flint Real Estate, Doncaster
Flint Real Estate, Doncaster
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