Lot
061
Auction Ends: 20/10/2021 14:34

91 Leyland Lane, Leyland, Lancashire PR25 1XB

Property Details
Location
Auction Details
Description
A double fronted mixed commercial and residential investment property comprises two ground floor retail units, a garage/workshop and two flats. The property is fully let and producing a combined income of £24,120 per annum.
Location
The property is located at the junction of Leyland Lane and Oak View, approximately 1 mile from Leyland town centre in an established residential area.
Accommodation

DescriptionAccommodation
91 Leyland Lane (Retail)116 Sq M (1,249 Sq Ft)*
91a Leyland Lane (Flat)1 Bedroom, Kitchen-Living Room, Bathroom
91b Leyland Lane (Flat)1 Bedroom, Kitchen-Living Room, Bathroom
91c Leyland Lane (Garage/Workshop)41.6 Sq M (448 Sq Ft)*
*Floor areas taken from VOA website.
Outside
There is a yard to the rear together with a garage/workshop.
Approx Site Area
Approximately 203 Sq M (2,185 Sq Ft).
Tenure
Unknown
Planning
Interested parties should consult direct with the Local Planning Authority: South Ribble Borough Council, Civic Centre, West Paddock, Leyland, PR25 1DH. Telephone: 01772 625 625.
Tenancy
91 Leyland Lane is let by way of a commercial tenancy at a rent of £12,000 per annum.

91a Leyland Lane is let by way of an Assured Shorthold Tenancy agreement at a rent of £395 pcm (£4,260 per annum).

91b Leyland Lane is let by way of an Assured Shorthold Tenancy agreement at a rent of £355 pcm (£4,740 per annum).

91c Leyland Lane is let at a rent of £3,120 per annum. We are advised that the tenant has given notice and will be vacating at the end of October 2021.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 19TH OCTOBER AND CLOSES ON WEDNESDAY 20TH OCTOBER.

3. The ground floor commercial premises is entered in the 2017 Rating List as follows:

91 (Left) Leyland Lane - "Shop and Premises" - RV £5,100
91 (Right) Leyland Lane - "Hairdressing Salon and Premises" - RV £5,400
91C Leyland Lane - "Store and Premises" - £1,250

4. Each of the two flats are listing with Council Tax assessments in Band A.

5. Energy Performance Certificates: Retail = TBC. Flat 91a = C. Flat 91b = E.

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