Retail Investment Sale, Preston City Centre

Posted on 14th February 2018

A ground floor lock up shop has come to the investment market together with basement, rear yard and WC.

36A Lune Street Preston is a well-appointed ground floor sales shop 11’8 wide x 26′ deep with suspended ceiling and laminate flooring. There is a trap door entrance to the basement and a rear yard with a disused WC.

The shop has been occupied by the current tenant trading as Blue Yonder for over 20 years. The original lease expired in May 2010 and the tenant is ‘holding over’ under the Landlord and Tenant Act 1954. The tenant pays an annual rental of £8,000 exclusive of rates, quarterly in advance.

The property is understood to be freehold. Offers are invited in the region of £100,000 for the freehold interest in the property, subject to the current occupation. To book a viewing or for more information please contact our surveyor Joe Assalone on 01772 769000 or our joint agent Martin Ainsworth at HDAK on 01772 652652.

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