Property photos
Freehold
£595,000
(£122.68/sq. ft)
Property for sale
70-72 Black Bull Lane, Fulwood, Preston, Lancashire PR24,850 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Fulwood and Cadley Primary School 0.2 miles
- Queen's Drive Primary School 0.2 miles
- Preston (Lancs) 1.9 miles
- Salwick 4.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Convenience Store Investment Opportunity
- Established suburban retailing area
- Attractive yield.
- Affluent residential area
Location
The property is situated with frontage to Black Bull Lane in a mixed retail and residential area in the established suburb of Fulwood, approximately 3 miles to the north of Preston City Centre.
Description
The property comprises a convenience store investment opportunity together with a neighbouring retail shop.
The property was previously a detached residential dwelling that was converted into a convenience store operation several years ago.
It is constructed of brick built walls which are rendered at first floor level under a hipped tiled roof.
The convenience store occupies the majority of the premises. The ground floor providing their retail area with ancillary storage to the rear, with the first floor used as a training facility for the business.
The neighbouring carpet showroom occupies a single storey retail property with brick built walls, under a flat roof.
Accommodation Text
We have been advised that the floor areas of the premises are as follows:
One Stop-
Ground Floor 2,678 sq.ft
First Floor 1,161 sq.ft
Carpet Shop
Ground Floor 1,011 sq.ft
Services
All mains services are available to the property.
EPC
An EPC is available on request.
VAT
Not applicable
Planning
Retail use with ancillary accommodation.
Lease Terms
One Stop Stores Limited occupy the property on a 10 year lease from October 2022 and pay a rent of £26,000 pa. (split £20,000 pa for the shop and £6,000 pa for the first floor) The next review is due in October 2027. The tenant contributes £1,500 pa towards the service charge. The lease has a tenant only break in October 2027.
M Briggs Carpets Limited are currently holding over. The lease ending in February 2025. They pay a rent of £13,500 pa, plus a contribution towards the service charge of £1000 pa.
The total rent is £39,500 per annum
Further details are available on request
Legal Costs
Each party to pay their own legal costs
Viewing Detail
Strictly via sole agents Taylor Weaver
Neil Weaver mrics
Tel: Bullet Point 1
Convenience Store Investment Opportunity
Bullet Point 2
Established suburban retailing area
Bullet Point 3
Attractive yield.
Bullet Point 4
Affluent residential area
The property is situated with frontage to Black Bull Lane in a mixed retail and residential area in the established suburb of Fulwood, approximately 3 miles to the north of Preston City Centre.
Description
The property comprises a convenience store investment opportunity together with a neighbouring retail shop.
The property was previously a detached residential dwelling that was converted into a convenience store operation several years ago.
It is constructed of brick built walls which are rendered at first floor level under a hipped tiled roof.
The convenience store occupies the majority of the premises. The ground floor providing their retail area with ancillary storage to the rear, with the first floor used as a training facility for the business.
The neighbouring carpet showroom occupies a single storey retail property with brick built walls, under a flat roof.
Accommodation Text
We have been advised that the floor areas of the premises are as follows:
One Stop-
Ground Floor 2,678 sq.ft
First Floor 1,161 sq.ft
Carpet Shop
Ground Floor 1,011 sq.ft
Services
All mains services are available to the property.
EPC
An EPC is available on request.
VAT
Not applicable
Planning
Retail use with ancillary accommodation.
Lease Terms
One Stop Stores Limited occupy the property on a 10 year lease from October 2022 and pay a rent of £26,000 pa. (split £20,000 pa for the shop and £6,000 pa for the first floor) The next review is due in October 2027. The tenant contributes £1,500 pa towards the service charge. The lease has a tenant only break in October 2027.
M Briggs Carpets Limited are currently holding over. The lease ending in February 2025. They pay a rent of £13,500 pa, plus a contribution towards the service charge of £1000 pa.
The total rent is £39,500 per annum
Further details are available on request
Legal Costs
Each party to pay their own legal costs
Viewing Detail
Strictly via sole agents Taylor Weaver
Neil Weaver mrics
Tel: Bullet Point 1
Convenience Store Investment Opportunity
Bullet Point 2
Established suburban retailing area
Bullet Point 3
Attractive yield.
Bullet Point 4
Affluent residential area
More information
Listed by
Taylor Weaver
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