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12 Lune St 2,202 SF 100% Leased Retail Building Preston PR1 2NL $313,112 ($142.19/SF)

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INVESTMENT HIGHLIGHTS

  • Prominent position
  • Natural lighting
  • Signage

EXECUTIVE SUMMARY

The ground, lower ground floors and basement are let by way of a 5 year lease with effect from 20th August 2024 granted to Starmes Property Services Limited (with guarantor) at a rental of £16,000 per annum exclusive.
The first and second floors are let to Flora Beauty Limited (with guarantor) for a term of 3 years from 8th December 2024 at an annual rent of £6,500 exclusive.
Both leases are granted on effective full repairing and insuring terms.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,202 SF
Building Class
B
Year Built
1904
Price
$313,112
Price Per SF
$142.19
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
0.87
Lot Size
0.06 AC
Frontage
16’ on Lune Street

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Barclays Bank
Lloyds Bank
Santander
eurochange
The Co-operative Bank
Slug & Lettuce Company
Turtle Bay
Zizzi
ASK Italian
Wagamama
  • Listing ID: 32010803

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 12 Lune St, Preston PR1 2NL

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