£500000.00 Investment Property Preston

Investment Property Preston

(0 reviews)
Ads №: 63123 Added on: 2022-03-04
Type: private
Category: Real estate > Commercial Property - Offices - Premises
Price: £500000.00
Added by: theartcafe
Preston PR14AT Lancs
The site is presently operated as a tenanted restaurant with the apartments being let on a mixture of AST and Air B&B. The property is generating an income of approximately £46,600.00 per annum net, making over 10% yield. A historic application was made reference number: 06/2007/0061 for outline planning for the erection of three and four-storey building comprising 14no. Apartments and 1no. Class A1 retail/Class A3 café unit (following demolition of existing building) 23-May-2007, making the property an ideal development opportunity.

Double front all-glass A3 lock up, electric double shutters, cafe fully fitted prime location, busy junction, main road, close city centre. 5-star rating, next to Queens Retail Park, great all-day footfall.Current English grill/fry menu. Suit other cuisines Turkish, Asian, any fast food/sandwich bar. Theatre style open kitchen, all-electric fryers, double griddle, display fridges, coffee machine, double blenders, milkshake mixers, sma
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