2-4 William St - Storefront Retail/Residential FOR SALE


Preston, LAN PR5 5RZ
$210,000 USD
2-4 William St, Preston, LAN for Sale
$210,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

2-4 William St
Preston, LAN PR5 5RZ


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$210,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,054 SF

ZONING

-

APN/PARCEL ID

LA756685,LA901151,LA901152

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Mary HickmanEckersleyMore Info

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