93 King St - Storefront Retail/Residential FOR SALE


Lancaster, LAN LA1 1RH
$395,000 USD
152-497-1066
93 King St, Lancaster, LAN for Sale
$395,000 USD
Storefront Retail/Residential - FOR SALE
1/61
null | Request Cap Rate

93 King St
Lancaster, LAN LA1 1RH


HIGHLIGHTS

  • SEE VIRTUAL TOUR
  • Located On Lancaster Busy One Way System
  • 8 Bed HMO With Shared Facilities
  • Rare Investment Opportunity
  • Substantial Character Commercial Premises
  • Extremely Spacious Ground Floor
  • Rear Yard Access From Building And Penny Street
  • Currently Used As A Meditation Class
  • Deep 3 Storey Commercial premises
  • Viewing Essential

OVERVIEW

Location City Centre premises located on Lancaster busy one way system. The subject building is situated in the heart of Lancaster City Centre within easy walking distance of all amenities. Lancaster is a busy University City and the principal town of North Lancashire. Well placed adjacent to the M6 motorway, it is approximately equidistant from Preston and Kendal which are both some 20 miles away and easily accessible from junctions 33 and 34 of the M6 motorway. Description FOR SALE - Deceptively spacious and extremely deep 3 storey commercial premises together with 8 bed HMO living accommodation above. Excellent commercial potential on the ground floor together with enclosed rear yard area. Two floors above with HMO use plus the top floor. Viewing essential to fully appreciate. Accommodation Text Substantial character commercial premises over 3 floors plus top floor and basement. Extremely spacious and deceptive accommodation overall. Presently used as a meeting room with kitchen all on the ground floor together with 8 bed HMO above. Listed building application for change of use of a 8 bed HMO (Sui Generis) to a 9 Bed HMO (Sui Generis) including external alterations in the form of guard rail to roof terrace, new windows and openings, infill of existing rooflights and the construction and removal of internal partition walls. Permission granted 18/01/2022.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

LA645841

ASK ABOUT THIS PROPERTY

Tom Woelffle-GlynnFW CommercialMore Info
152-497-1066

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Tom Woelffle-GlynnFW CommercialMore Info
152-497-1066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.