Property photos
Offers in region of
£235,000
(£122.65/sq. ft)
Property for sale
37 & 38 Water Lane, Preston PR21,916 sq. ft
Local area information
Property location
Nearby amenities
- Sacred Heart Catholic Primary School 0.2 miles
- The Birches (SEN) 0.4 miles
- Preston (Lancs) 0.8 miles
- Lostock Hall 3.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Preston to find out more about the local area.
Features and description
- Of Interest To Owner Occupiers, Investors & Developers
- Scope For Reconfiguration Of Upper Floor
- Asset Management Potential
The premises comprise a pair of adjacent two-storey terraced properties which accommodate two lock-up, self-contained retail units at ground floor level each providing open plan sales area together with ancillary accommodation, brew area and WC facility to the rear. Both units will be available with vacant possession on completion with 37 Water Lane having recently been subject to refurbishment and benefiting from a new suspended ceiling, LED lighting and being freshly plastered and decorated.
The first floor accommodates a large residential flat accessed from the front, with the two properties having been interlinked on this level, and benefits from uPVC double glazing throughout. The accommodation was previously occupied as five bedsits with communal kitchen and bathroom facilities but is currently unoccupied. This element could either be refurbished or offers the potential to be reconfigured to provide two 1 bed self-contained flats. An additional staircase provides direct internal access between the floors.
Externally, there is an area of enclosed land to the side which can be used for storage only and is held by way of an agreement from Network Rail at an annual fee of £437.45 inclusive of VAT. A purchaser may be able to retain the benefit of the land subject to negotiation of a new agreement with Network Rail.
The properties front Water Lane (A583), a busy vehicular route into and out of the city centre between the junctions with Fylde Road/Tulketh Brow and Strand Road approximately 1 mile to the north west of the centre of Preston and 1⁄2 mile from the main campus of the University of Central Lancashire.
The first floor accommodates a large residential flat accessed from the front, with the two properties having been interlinked on this level, and benefits from uPVC double glazing throughout. The accommodation was previously occupied as five bedsits with communal kitchen and bathroom facilities but is currently unoccupied. This element could either be refurbished or offers the potential to be reconfigured to provide two 1 bed self-contained flats. An additional staircase provides direct internal access between the floors.
Externally, there is an area of enclosed land to the side which can be used for storage only and is held by way of an agreement from Network Rail at an annual fee of £437.45 inclusive of VAT. A purchaser may be able to retain the benefit of the land subject to negotiation of a new agreement with Network Rail.
The properties front Water Lane (A583), a busy vehicular route into and out of the city centre between the junctions with Fylde Road/Tulketh Brow and Strand Road approximately 1 mile to the north west of the centre of Preston and 1⁄2 mile from the main campus of the University of Central Lancashire.
More information
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