Eccleston Street, Preston, L34
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Investment opportunity
- Mixed use property over 3 floors.
- Shop and 2 Flats
- Income £2,430 pcm - £29,160 pa
- Attractive yield just of 9%
- Large area of land to rear included
- Great location in heart of town
- One to view.
Description
Ground floor shop is 64 sqm and rented to a vape business, who have been trading there for around 15 years. The tenant has just signed a new 5 year lease for £980 pcm.
First floor 2 bedroom flat is 69 sqm and rented for £750 pcm.
Second floor 2 bedroom flat is 63sqm and rented for £700 pcm.
An added bonus of a large area of land at the rear, which is included in the sale, and has development potential.
Total rent is £2,430 pcm and £29,160 pa.
The property affronts Eccleston Street, which is a pedestrianised road in the heart of the town, with lots of independent bars and restaurants. There is plenty of investment in the area over the past 5 years including the Shakespeare North Theatre. There is also an independent arthouse cinema which is due to open this year.
Definitely one to view!
Eccleston Street, Preston, L34
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Prescot Station0.4 miles
- Eccleston Park Station1.0 miles
- Whiston Station1.1 miles
Notes
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