Non quoting
Retail premises for sale35 Watkin Lane, Lostock Hall, Preston PR5
3,960 sq. ft
Freehold
About this property
Let To Co-op Group Food Ltd Guaranteed by Tesco Stores Ltd
Just Under 10 Years Unexpired Term With rpi Linked Reviews
Total income of £75,113 per annum exclusive
£1,180,000 6.10% Net Initial Yield and 7% Reversionary Yield
Description
The property consists of a detached purpose built convenience store across ground and first floor with brick elevations beneath a pitched tiled and flat roof. The store is on a site of 0.3 Acres (0.12 Hectares) with a car park providing 10 parking spaces (1 accessible).
Location
Lostock Hall is a popular commuting village located in the South Ribble Borough of Lancashire it s approximately 4 miles from Preston City Centre, 10 miles West from Blackburn, 24 miles East from Blackpool and 32 miles North West from Manchester. The property is around 300m from Lostock Hall railway station on the East Lancashire Line with services to Blackpool, York and Leeds. The location also benefits from direct access to both the M6 and M65 via following the A58 East to Junctions 29 and 1 respectively.
The property consists of a detached purpose built convenience store across ground and first floor with brick elevations beneath a pitched tiled and flat roof. The store is on a site of 0.3 Acres (0.12 Hectares) with a car park providing 10 parking spaces (1 accessible).
Location
Lostock Hall is a popular commuting village located in the South Ribble Borough of Lancashire it s approximately 4 miles from Preston City Centre, 10 miles West from Blackburn, 24 miles East from Blackpool and 32 miles North West from Manchester. The property is around 300m from Lostock Hall railway station on the East Lancashire Line with services to Blackpool, York and Leeds. The location also benefits from direct access to both the M6 and M65 via following the A58 East to Junctions 29 and 1 respectively.
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