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New Hall Lane, Preston, Lancashire, PR1

Key features

  • INVESTMENT PROPERTY
  • APPROX £25,440 GROSS WHEN FULLY LET
  • GOOD ACCESS FOR CITY CENTRE AND MOTORWAY
  • MIXED USE PROPERTY - RETAIL & 3 FLATS

Description

**Investment property - Retail unit + 3 Flats** Hazelwells offer for sale this investment property comprising of ground floor retail shop premises and three self contained one bedroom flats. The property has a gross rental of approximately £25440 per annum when Fully let. Situated on the A59 which is a main arterial road to the M6 Junction 31 offering good access for local amenities and the City Centre. The property is presented to a good standard and would make an ideal mixed use investment. Viewings are advised.


The property extends to approximately 1800 sqft (167 sqm) over ground and first floors.

The retail shop is approximately 450sqft (42 sqm) with a glazed double frontage, tiled and laminate flooring, store room and wc. Access to the rear.

Rental - £500 pcm (£6000 per annum) - 5 year lease from December 2020.

The three self contained flats are rented fully furnished, some bills are included in the rent:

Flat 1 - £595 pcm (£7140 per annum) - periodic (monthly tenancy)
Flat 2 - £525 pcm (£6300 per annum) - periodic (monthly tenancy)
Flat 3 - £500 pcm (£6000 per annum) - crecently vacant

Gross Rental Income £25440 when fully let.

The landlord pays the gas, water and


Tenure:
We have been advised that the property is freehold.



EPC RATINGS:
Flat 1 - D (67)
Flat 2 - C (69)
Flat 3 - C (70)

Retail Shop - E (107)



The agent has not had site of flats 2 & 3 at the time of producing these details.


If you are thinking of selling or renting your property why not ask us to provide a free market appraisal with detailed valuation report and see how our fresh & enthusiastic approach to marketing will help to sell your house. PROPERTY MISDESCRIPTIONS: The agent has not tested any apparatus, equipment, fixtures and fittings, or services, so cannot verify that they are in working order or fit for the purpose. References to the Tenure of the property are based on information supplied by the Vendor. The agents have not had sight of the title documents. The buyer is advised to obtain verification from their Solicitor. Fixtures & Fittings other than those mentioned within these details need to be confirmed with the seller. Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order. Hazelwells have produced these details in good faith and believe them to provide a fair and accurate description of the property. Following viewing and prior to financial commitment, prospective buyers should satisfy themselves as to the property's suitability and make their own enquiries relating to specific points of importance. The accuracy of these particulars is not guaranteed and they do not form part of any contract. You are advised to check the availability of any property before travelling any distance to view. Measurements and floorplans have been provided by the vendor. The agent has not had site of flats 2 & 3.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

New Hall Lane, Preston, Lancashire, PR1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Preston Station1.9 miles
  • Bamber Bridge Station2.7 miles
  • Lostock Hall Station3.0 miles
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About the agent

Hazelwells, Preston

32 Winckley Square Preston PR1 3JJ

Hazelwells, Preston

At Hazelwells we believe that we have the advantage in the local property market and can offer you more to ensure that your move becomes a reality. From our Central Preston location on Winckley Square we offer a wide range of property services for both sales & lettings, residential & commercial. When it's time to make that move, make that move with Hazelwells - call for your free valuation report on 01772 823050 and sell with Hazelwells.

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Disclaimer - Property reference PTN01810. 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 Hazelwells, Preston. 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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