Damside St - Retail FOR SALE


Lancaster, LAN LA1 1AW
$220,000 USD
152-496-7555
Damside St, Lancaster, LAN for Sale
$220,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

Damside St
Lancaster, LAN LA1 1AW


HIGHLIGHTS

  • Prominent Lancaster City Centre location
  • Commercial ground floor - Let Takeaway
  • First / second floor - Let Flat
  • Monthly income - £1,520
  • Annual Income - £18,240
  • Investment Property
  • Leasehold sale
  • Viewings now available
  • Viewings now available

OVERVIEW

Location Prominent city centre location opposite the end of North Road and close to the bus station. Ideal location for the commercial tenant as a takeaway. Description FOR SALE - Investment Property fully let with commercial takeaway on the ground floor and 2 storey residential flat above. Prominent city centre location at the end of North Road close to the bus station. Current monthly income some £1,520 with an annual income therefore of some £18,240. Rare opportunity to acquire a leasehold investment in Lancaster city centre. The leasehold is actually very long leasehold commonly known as a virtual freehold. Accommodation Text End terraced premises on the corner with Dye House Lane which leads to The Glassworks. Ground floor commercial section let as a takeaway to Delhicious. Residential flat let above over 2 floors plus a loft room. Entrance hallway leading to both the takeaway and flat. Services All mains services connected. EPC Information Domestic - 54C Non-Domestic - 69C The Opportunity We are advised that the current monthly income is some £1,520 with an annual income therefore of some £18,240.

FOR SALE DETAILS

PRICE

$220,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Damside Site

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,433 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John DavenportFW CommercialMore Info
152-496-7555

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

John DavenportFW CommercialMore Info
152-496-7555

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