Shops For Sale in Lancaster, Lancashire
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FOR SALE - Mixed-Use Investment Opportunity in Lancaster City Centre Prominent city centre property located at the end of North Road, close to Lancaster bus station and within easy reach of the main shopping and commercial areas. The property comprises a ground floor commercial unit together with residential accommodation above, presenting an excellent investment and development opportunity with strong income potential. The commercial premises are currently vacant, providing flexibility for an incoming purchaser to secure a new tenant or occupy the space themselves. Based on local market conditions, the commercial unit is anticipated to achieve a rental income in the region of £10,000 per annum once let. The residential accommodation is currently occupied under an Assured Shorthold Tenancy (AST), with the tenant having moved in during December 2025 at a rent of £795 PCM. When the property is fully let, the combined income is expected to provide a gross yield in the region of 10%, making this an attractive proposition for investors seeking a strong city centre return. This represents a rare opportunity to acquire a leasehold investment within Lancaster city centre. The leasehold is an exceptionally long lease, commonly regarded as a virtual freehold, extending for 2,000 years from June 1892.
- Prominent Lancaster City Centre location
- Commercial ground floor - Vacant
- First / second floor - Let Flat
An exceptional opportunity to acquire a portfolio of seven HMO student properties, providing an established and income-producing investment package within the popular Lancaster student rental market. The portfolio comprises well-established student accommodation located across a variety of sought-after areas around Lancaster city centre, offering both geographical diversity and a strong letting history. Six of the seven properties are currently let through to the end of the 2027 academic year, with the remaining property temporarily vacant while improvement works are completed, including the installation of a new kitchen. This property has already generated strong levels of interest from prospective tenants and is expected to offer further rental potential once the works have been finalised. When fully occupied, the portfolio generates a combined annual rental income of approximately £121,344, offering investors an attractive opportunity to acquire a ready-made student accommodation portfolio with an established track record. Whether looking to expand an existing portfolio or enter the student investment market, this represents a rare opportunity to secure multiple quality HMO assets within one of the UK's recognised student locations. The properties are let and managed by Mighty Student Living based in Lancaster city centre.
- Annual Income of £121,344
- Potential yield of 10.79%
- 7 individual properties
An exceptional opportunity to acquire a portfolio of seven HMO student properties, providing an established and income-producing investment package within the popular Lancaster student rental market. The portfolio comprises well-established student accommodation located across a variety of sought-after areas around Lancaster city centre, offering both geographical diversity and a strong letting history. Six of the seven properties are currently let through to the end of the 2027 academic year, with the remaining property temporarily vacant while improvement works are completed, including the installation of a new kitchen. This property has already generated strong levels of interest from prospective tenants and is expected to offer further rental potential once the works have been finalised. When fully occupied, the portfolio generates a combined annual rental income of approximately £121,344, offering investors an attractive opportunity to acquire a ready-made student accommodation portfolio with an established track record. Whether looking to expand an existing portfolio or enter the student investment market, this represents a rare opportunity to secure multiple quality HMO assets within one of the UK's recognised student locations. The properties are let and managed by Mighty Student Living based in Lancaster city centre.
FOR SALE - Mixed-Use Investment Opportunity in Lancaster City Centre Prominent city centre property located at the end of North Road, close to Lancaster bus station and within easy reach of the main shopping and commercial areas. The property comprises a ground floor commercial unit together with residential accommodation above, presenting an excellent investment and development opportunity with strong income potential. The commercial premises are currently vacant, providing flexibility for an incoming purchaser to secure a new tenant or occupy the space themselves. Based on local market conditions, the commercial unit is anticipated to achieve a rental income in the region of £10,000 per annum once let. The residential accommodation is currently occupied under an Assured Shorthold Tenancy (AST), with the tenant having moved in during December 2025 at a rent of £795 PCM. When the property is fully let, the combined income is expected to provide a gross yield in the region of 10%, making this an attractive proposition for investors seeking a strong city centre return. This represents a rare opportunity to acquire a leasehold investment within Lancaster city centre. The leasehold is an exceptionally long lease, commonly regarded as a virtual freehold, extending for 2,000 years from June 1892.