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Investment Highlights
- Prominent corner position on Leyland Road with strong local visibility.
- Retail unit currently let on a two-year lease, providing immediate income.
- Mixed-use configuration with retail and residential components.
Executive Summary
This mixed-use investment property offers a compelling opportunity in the sought-after Penwortham area, just 1.5 miles south of Preston City Centre. Positioned on a prominent corner along Leyland Road, the property benefits from excellent visibility and accessibility, with close proximity to local amenities and strong transport links.
The ground floor comprises a self-contained retail unit with a glazed frontage, currently operating as a beauty salon. The unit is let on a two-year lease commencing April 2026, generating a steady income stream. Above, a spacious self-contained maisonette provides additional income potential, featuring a modern kitchen, living room, two bedrooms, and a bathroom. The maisonette is accessed via Dove Avenue and includes an enclosed rear yard.
The ground floor comprises a self-contained retail unit with a glazed frontage, currently operating as a beauty salon. The unit is let on a two-year lease commencing April 2026, generating a steady income stream. Above, a spacious self-contained maisonette provides additional income potential, featuring a modern kitchen, living room, two bedrooms, and a bathroom. The maisonette is accessed via Dove Avenue and includes an enclosed rear yard.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
342 SF
Building Class
C
Year Built
1915
Price
$234,887
Price Per SF
$686.80
Tenancy
Single
Building Height
2 Stories
Building FAR
0.04
Lot Size
0.20 AC
Parking
2 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
20’ on Leyland Road
Amenities
- 24 Hour Access
- Security System
- On-Site Retail
- Energy Performance Rating - D
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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83-83A Leyland Rd
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