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Agent's details

For Sale - Partially Let Investment - 99-101 Ronaldsway, Preston

For sale: £160,000.00|Residential, Other, Other Property Types & Opportunities

Property details

FOR SALE£160,000.00
ADDRESSFor Sale - Partially Let Investment - 99-101 Ronaldsway, Preston
TYPEResidential, Other, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON20th January 2021


The premises are located in a prominent position fronting Ronaldsway at its junction with Holme Slack Lane situated between the popular suburbs of Fulwood and Ribbleton. The immediate vicinity is a busy residential area with the subject premises forming part of a small district parade serving the locality. Adjacent occupiers include Spice King Indian Takeaway, Ronaldsway Convenience Store and The Creative Lounge Hair Salon.

The property comprises a two-storey mid-terraced building of conventional brickwork construction beneath pitched tiled roof
covering. Internally, the ground floor provides open plan accommodation with a good sized ancillary office/store to the rear together with kitchen and WC facilities. At first floor level the residential flat comprises a lounge, two bedrooms, kitchen and
bathroom and benefits from a designated self-contained entrance from the front of the property.

The ground floor unit extends to an approximate net internal area of 57.85 m² (622.7 ft² ).

We understand that the two parts of the building are separately serviced in terms of mains connections to electricity, gas, water and drainage facilities.

Rating Assessment
The ground floor premises have a Rateable Value of £5,000. The first floor flat benefits from a Council Tax assessment within Band A. Interested parties should, however, make their own separate enquiries with Preston City Council (www.preston.gov.uk).

We believe that the premises benefit from an established use classification on the ground floor within Class E (commercial) of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020 whilst the first floor flat has a permitted use for residential purposes. Interested parties should make their own enquiries of Preston City Council.

Freehold subject to the existing occupational interest. The garage to the rear currently shown on the registered title is not included in the sale but may be available by way of separate negotiation.

Tenancy Information
The ground floor premises are currently vacant. The first floor flat is let by way of an Assured Shorthold Tenancy Agreement at a monthly rental of £500.

Asking Price
Our client is seeking offers in the region of £160,000.


Location: For Sale - Partially Let Investment - 99-101 Ronaldsway, Preston

Preston (1.9 miles)

Bamber Bridge (3.5 miles)

Lostock Hall (3.6 miles)

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