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50 Greenbank St - 50 Greenbank St 26,078 SF Sports & Entertainment Building Offered at $2,802,840 at a 9% Cap Rate in Preston PR1 7PH
INVESTMENT HIGHLIGHTS
- Large site of about 1.2 acres (50% site coverage)
- 10 Years Lease
- Within Close Proximity to University of Central Lancashire (UCLAN)
EXECUTIVE SUMMARY
Large site of about 1.2 acres (50% site coverage)
Car Parking for Approximately 70 cars
Within Close Proximity to the University of Central Lancashire (UCLAN)
10 Years Lease
The property is located in a mixed commercial and residential area on the western side of Greenbank Street, between Ripon Street and Eldon Street, approximately one mile north-east of Preston City Centre. Other occupiers in the area include Jewson, Complete Bathrooms and Kitchens, Enterprise Rent- A-Car and a number of independent trade counter occupiers, as well as being within walking distance of The University of Central Lancashire (UCLAN).
The property comprises a bowling alley with 24 bowling lanes, a bar/dining area and a children’s party room with ancillary accommodation on the first floor.
Car Parking for Approximately 70 cars
Within Close Proximity to the University of Central Lancashire (UCLAN)
10 Years Lease
The property is located in a mixed commercial and residential area on the western side of Greenbank Street, between Ripon Street and Eldon Street, approximately one mile north-east of Preston City Centre. Other occupiers in the area include Jewson, Complete Bathrooms and Kitchens, Enterprise Rent- A-Car and a number of independent trade counter occupiers, as well as being within walking distance of The University of Central Lancashire (UCLAN).
The property comprises a bowling alley with 24 bowling lanes, a bar/dining area and a children’s party room with ancillary accommodation on the first floor.
PROPERTY FACTS
| Price | $2,802,840 | Property Type | Sports & Entertainment |
| Price Per SF | $107.48 | Building Size | 26,078 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9% | Year Built | 1975 |
| Tenure | Freehold/Long Leasehold |
| Price | $2,802,840 |
| Price Per SF | $107.48 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Sports & Entertainment |
| Building Size | 26,078 SF |
| No. Stories | 2 |
| Year Built | 1975 |
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50 Greenbank St - 50 Greenbank St
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