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Preston Investment Property with Shop and Flat for Sale, £185,000 with £16,800 p.a. Income

Preston, Lancashire
Investment Opportunity - Preston Photo 1
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Investment Opportunity - Preston
  • Freehold: £185,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

  • Close to Local Amenities
  • Prime Location

Business Details

Investment Opportunity Preston

Price: Offers in the region of £185,000

 

  • Main Road Shop and flat let to two tenants
  • Commercial usage at ground floor and residential at first floor
  • Rental income of £16,800 p.a for both the shop and flat.
  • 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 7 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. Thinking of buying an investment then this offers excellent returns.

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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.

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The data showed regarding this advert 'Investment Opportunity Preston - CI14044 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.