478 Blackpool Rd, Ashton-on-Ribble, Preston PR2 1HX, UK
For Sale £150,000 - Investment
600 sq ft

FOR SALE
Retail/Residential Investment
(Tenant in occupation for over 25 years)

478/478A Blackpool Road
Ashton
PRESTON
PR2 1HX

LOCATION
The premises occupy an excellent position in the heart of the Lane Ends shopping area fronting Blackpool Road, adjacent to Ashton Domestic Appliances, and in close proximity to Boots the Chemist, Spar, the Post Office, etc.

DESCRIPTION
The premises comprise an end-terrace, two-storey property of brick and rendered construction under a pitch slate roof, together with parking space and small garage/store at the rear.

TENURE
Freehold

ACCOMMODATION
Ground Floor                 600 sq ft             (55.74 sq m)

Rear Garage                  185 sq ft             (17.18 sq m)
First Floor                      Bedroom, lounge/kitchen, shower-room.

TENANCIES
Ground Floor
               

The ground floor is currently let to Preston Travel Centre on the basis of a 5 year lease from 1 September 2016, at an annual rent of £7,800 pa.
First Floor                     
The first floor comprises a one-bedroom flat, with lounge/kitchen and shower-room with its own self-contained entrance. The flat is currently vacant and should achieve on the open market a rent of £450 per month.

POTENTIAL RENTAL
Once the flat is let the annual income should be £13,200 pa.

EPC
An Energy Performance Certificate is available upon request.

VAT
The property is not elected for VAT.

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.

PROPOSAL
We are instructed to seek a price of £150,000 (One Hundred and Fifty Thousand Pounds) for the freehold interest, subject to contract.

Property Map
Property Brochure

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