Lot
034
Auction Ends: 17/08/2022 12:42

347 Leyland Lane, Leyland, Lancashire PR25 1UP

Property Details
Location
Auction Details
Description
A mixed commercial and residential investment opportunity comprising a mid terrace property extending to approximately 84 Sq M (900 Sq Ft). The ground floor retail unit is currently trading as a hairdressing salon and there is a separately accessed first floor one bedroom flat. We understand the property is let at a combined annual rental income equivalent of £10,560.
Location
The property fronts onto Leyland Lane close to its junctions with Fox Lane and Slater Lane and within a busy parade of shops that includes a spar convenience store and a variety of independent retailers including a bakery and hot food take away outlets. The nearby City of Preston is located 6.5 miles to the north.
Accommodation
Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the vendor;

Ground Floor approx 44 Sq M (473 Sq Ft)Retail Area, Staff Area, W.C.
First Floor approx 40 Sq M (430 Sq Ft)Entrance Hall, Kitchen, Living Room, Bedroom, Shower Room

Outside
Enclosed rear courtyard.
Tenure
Unknown
Tenancy
We are advised the ground floor retail unit is let at £105 p/wk equivalent to £5,460 per annum. The first floor flat is let by way of an Assured Shorthold Tenancy agreement at £425pcm (£5,100 per annum).
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 refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH AUGUST AND CLOSES ON WEDNESDAY 17TH AUGUST.

3. Energy Performance Certificates: 347 = B. 347a = D.
Addendum
1. The tenancy information has been updated with the rent for the first floor flat being £425 pcm (£5,100 per annum). 2. The property is held by way of a 999 year lease from 10 December 1852.

Our Nearest Office

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Liverpool

Joint Agent

Cardwells
Contact: Cardwells Bury

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