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FOR SALE - Superb Investment Opportunity - 45 High Street, Garstang, PR3 1EA

For sale: £130,000.00|53.5 Sq M|Retail - High Street, Other, Retail, Land, Other Property Types & Opportunities, Commercial Land

Property details

FOR SALE£130,000.00
SIZE53.5 Sq M
ADDRESSFOR SALE - Superb Investment Opportunity - 45 High Street, Garstang, PR3 1EA
TYPERetail - High Street, Other, Retail, Land, Other Property Types & Opportunities, Commercial Land
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON20th September 2022

Description

Location
The premises are located in a visible and prominent position fronting High Street in the centre of Garstang. Garstang is a relatively
affluent market town which is accessed from Preston Lancaster New Road (A6) and lies approximately 10 miles to the north of Preston and 10 miles to the south of Lancaster. Ready access is also provided further afield via J33 of M6 motorway which is located in relatively close proximity. On-street parking is available close to the subject property.

The immediate vicinity accommodates a varied range of both national and independent retailers and service provider with nearby
occupiers including Pipers Restaurant; The Crown Public House; Age UK; Cancer Help; One Stop Convenience Store; Farrell Heyworth Estate Agents and a range of independent retailers and service providers

Description
The premises comprise a two storey, mid-terraced property of traditional construction, having stone elevations beneath a pitched
roof covering and single glazed timber framed windows. Internally, the premises are laid out to provide an open plan sales area to the ground floor with ancillary accommodation including kitchen and WC facility on the first floor with the unit presently fitted in keeping with its use as a barber shop.

We understand the premises have mains connections to electricity, water and drainage.

Accommodation
The premises extend to an approximate Net Internal Area (NIA) of 53.48 m² (575.6 ft²).

Rateable Value
We understand the premises have a Rateable Value of £5,300.

Planning
We believe the premises have an established use within Class E (Commercial, Business and Service) of the Town and Country Planning (Use Classes) (Amendment) (England) regulations 2020. The property is Grade II listed as registered under Historic England’s list entry number 1318159 and has previously benefited from planning consent for conversion to residential use ( Application Number 17/01000/FUL).

Interested parties are recommended however to make their own enquiries of the planning department at Wyre Council.

Tenure
Understood to be freehold, subject to the occupational lease.

Tenancy Information
The property is presently let as a whole by way of a 5 year lease from 17th June 2021.to Mehdi Zada at an annual rental of £7,200 exclusive. The lease is granted on full repairing and insuring terms and permits use of the property as a barbers/hairdressers and use within Class A1, A2 or B1 of the Use Classes Order 1987 (as amended).

Asking Price
Offers in the region of £130,000.

VAT
All prices are quoted exclusive of, but may be subject to, VAT at the standard rate.

Photographs and Plans
All photographs and plans are provided within these particulars are for information purposes only and should not be relied upon.

Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be
required from the successful purchaser. Our client reserves the right not to accept the highest or any offer received.

Location

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Location: FOR SALE - Superb Investment Opportunity - 45 High Street, Garstang, PR3 1EA

Salwick (8.7 miles)

Kirkham & Wesham (9.0 miles)

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