Preston Investment Property with Shop and Flat for Sale, £175,000 with £13,200 p.a. Income
Preston, Lancashire
- Status
FOR SALE
- Date Submitted:
03/07/23
- Advert ID
516010
- Reference
CI14044 / Rightbiz
- Call Agent:
- Asking Price: £175,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Close to Local Amenities
- Prime Location
Business Details
Main Road Investment Property For Sale in Preston
Price: Offers in the region of £175,000
- Main Road Shop and flat let to two tenants
- Commercial usage at ground floor and residential at first floor
- Rental income of £13,200 p.a.
- Investment opportunity
This main road investment opportunity is in an excellent location in a regeneration area of Preston. The premises is close to new housing developments and positioned on main bus routes with a high footfall. In addition, there is also on street parking. The premises has recently completely been reroofed and there are new surface drains to the front of the premises.
The commercial premises on the ground floor has a prominent shop front finished recently in modern materials and also benefits from a high-quality finish throughout the premises. Heating and wiring are up to date and adhering to the latest specifications. The current tenants have been in situ for over 5 years and have just renewed their lease for an additional 2 years.
The first floor comprises of a modern 2 bedroom flat with a separate entrance. There are UPVC windows throughout and a recently installed central heating boiler. The current residential tenant has been in occupation for approximately 2 years. Thinking of buying an investment then this offers excellent returns.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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