Property Details
Pugh Auctions
Lot 036
Lot 036
Auction: October 2017

Unit 16 Leighton Hall, Leighton Street, Preston, Lancashire, PR1 8RH

Property Details
Location

Immediately adjacent to the campus of University of Central Lancashire, within the city centre of Preston. Access from the A59 is via Marsh Lane and the city centre is within a few minutes walk.

Description

6 bedroom student accommodation unit within a purpose built modern block immediately adjacent to the University of Central Lancashire. The Vendor informs us that the net revenue is sent three times a year, with the last 3 years net revenue for the unit being: 2016 - ú13,389; 2015 - ú13,111; 2014 - ú12,244.

Accommodation

Six Bedrooms, Hallway and Communal Lounge/Kitchen.

Tenure

Leasehold.

Tenancy

We understand that each bedroom room is let on an individual AST for 42 weeks per year at rents and the last years net income the Vendor received was ú13,389 after the managing agents had made deductions for letting, rent collection, providing on-site management and security, maintenance, repairs, refurbishments, etc. The current gross rent from the 6 ASTs is an total combined rent of ú24,729 over the term of the agreements.

General

Energy Performance Certificate = D.

Addendum

The address is Unit 16 Leighton Hall. The current gross rent from the 6 ASTs is an total combined rent of ú24,729 over the term of the agreements.

Property Location Address:
Unit 16 Leighton Hall,
Leighton Street,
Preston,
Lancashire,
PR1 8RH
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Auction Details
Auction: October 2017 Date: 17th October 2017 Lot Number: 036 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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