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2-4 William St

505 SF Retail Building Preston PR5 5RZ $285,778 ($566/SF)

Investment Highlights

  • Mixed Use Income Stream
  • Current Gross Income of £18,800 pa
  • Fully Let Investment Property
  • Accessible Location

Executive Summary

The property comprises a two storey semidetached building accommodating a self-contained lock-up retail unit at ground floor level which has a glazed frontage with roller shutter over. The premises have traded as a nail salon for many years and are fitted in keeping with this use.
The ground floor shop unit (4 William Street) is let by way of a 5 year lease with effect from 13th July 2021 at an annual rental of £6,500 exclusive, payable monthly in advance. The lease is granted on internal repairing terms with the tenant’s liability extending to the shop front, doors and windows of the property with an obligation to contribute towards any costs incurred in maintaining the common parts.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
505 SF
Building Class
B
Year Built
1984
Price
$285,778
Price Per SF
$566
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
0.14 AC
Frontage
66 FT on William Street

Amenities

  • Courtyard
  • Storage Space

Nearby Major Retailers

Hungry Horse
ALDI
  • Listing ID: 34045251

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 2-4 William St, Preston PR5 5RZ

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