Property Details
Pugh Auctions
Lot 039
Lot 039
Auction: July 2019

1-3 St. Leonards Gate & 1 Factory Hill, Lancaster, Lancashire, LA1 1NN

Property Details
Location

The property is located fronting St Leonard's Gate, at its junction with Factory Hill and Bulk Road, opposite the new Aparto Caton Court student accommodation development. Lancaster City Centre is located a short distance from the property.

Description

A detached student accommodation block comprising three separate properties providing 21 no. bedrooms in total. The property was fully let for the 2018/19 academic year, producing £90,720 per annum gross, and is approximately 50% let for the 2019/20 academic year with a confirmed rental income of £41,952 per annum to date. All rents are all inclusive of gas, electric, water, broadband & tv license. A deposit of £100 per person is also taken.

Accommodation

1 St Leonard's Gate

Ground Floor
Entrance hall, store, living room, kitchen, utility room, bedroom
First Floor
4 no. bedrooms, shower room, toilet
Second Floor
4 no. bedrooms, bathroom
3 St Leonard's Gate

Ground Floor
Entrance hall, shower room, kitchen-living room, bedroom
First Floor
3 no. bedrooms
1 Factory Hill

Ground Floor
Entrance hall, kitchen, utility room, toilet, living room
First Floor
4 no. bedrooms, bathroom
Second Floor
4 no. bedrooms, bathroom

Outside

There is an embankment area to the rear of the property and an enclosed bin store area to the side.

Approx Site Area

Approximately 0.07 hectares (0.17 acres).

Planning

Interested parties should consult direct with the Local Planning Authority: Lancaster City Council, Town Hall, Dalton Square, Lancaster, LA1 1PJ. Telephone: 01524 582 000.

General

1.) The properties are listed with Council Tax assessments as follows:

1 St Leonard's Gate = Band B
3 St Leonard's Gate = Band A
1 factory Hill = Band C

2.) The properties are listed with EPC assessments as follows:

Energy Performance Certificate (1 St Leonards) = E.
Energy Performance Certificate (3 St Leonards) = D.
Energy Performance Certificate (1 Factory Hill) = C.

Property Location Address:
1-3 St. Leonards Gate & 1 Factory Hill,
Lancaster,
Lancashire,
LA1 1NN
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Auction Details
Auction: July 2019 Date: 16th July 2019 Lot Number: 039 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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