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AGENT'S DETAILS


278, Fylde Road, Ashton-On-Ribble, Preston, Lancashire

For sale: POA|3515 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALEPOA
SIZE3515 Sq Ft
ADDRESS278, Fylde Road, Ashton-On-Ribble, Preston, Lancashire
TYPERetail - High Street, Retail
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold, For Sale Leasehold
POSTED ON22nd February 2021

DESCRIPTION

The property comprises a semi-detached two storey brick-built building with retail / showroom space and garages at ground floor level and further accommodation at the front part of the first floor.

A limited amount of on street parking is available to the rear of the premises.

The property is held Long Leasehold for a term of 99 years from the 1st April 1982 providing just over 60 years. The rent payable is £4,161.50 per annum.

The freeholder is Preston City Council.

Prominent position

Passing rent of £17,000 pa

The net rent receivable equates to £12,838.50 per annum.

A purchase at this level reflects a NIY of 11.46% assuming purchasers' costs of £1.80%






( Agency Pilot Software Ref: 545 )

LOCATION

Location: 278, Fylde Road, Ashton-On-Ribble, Preston, Lancashire

Preston (0.8 miles)

Lostock Hall (3.0 miles)

Bamber Bridge (3.6 miles)

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