Sale Or Let  • Retail • 1,100 ft² (102 m²) • Preston
WELL LOCATED RETAIL UNIT WITH POTENTIAL 1ST FLOOR FLAT
258 New Hall Lane, Preston PR1 4ST
Mid-terraced mainly 2-storey retail unit with self-contained 1st floor accommodation suitable for use as a flat. The property is of brick construction beneath a pitched slate covered roof with display frontage to New Hall Lane. The ground floor retail area is fitted out with suspended ceiling incorporating recessed lighting, panelled walls and an aluminium framed shopfront. To the rear of the sales are WC facilities. The first floor is accessed via an external metal staircase from the enclosed rear yard and currently provides additional storage, but could be used as a self-contained flat subject to any planning or other statutory approvals. As residential, the 1st floor would comprise bedroom, living room, kitchen and bathroom.

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Offered for sale freehold at 110,000, subject to contract. Alternatively, available by way of a new full repairing and insuring lease for a term to be negotiated at 9,500 pa, exclusive of rates.

Rates:
The property is assessed at a Rateable Value of 6,200, producing payable rates of 3,094 for 2020/21, although qualifying parties will be eligible for Small Business Rate Relief. Please verify all figures and check your entitlement with Preston City Council.

Rental: £9,500 pa
Busy main road location fronting the A59 New Hall Lane, which connects Preston City Centre with Junction 31 of the M6. The property lies close to the junction with Knowles St, on the southern side of New Hall Lane, close to traders such as NHL Pharmacy, Tandoori Village and A & S Autospares.
Gd Floor 630 sq ft
1st Floor 470 sq ft
Total area 1,100 ft² (102 m²)
Rates £3,094 pa
Price £9,500 pa
258 New Hall Lane, Preston PR1 4ST 258 New Hall Lane, Preston PR1 4ST