55 Liverpool Road, Penwortham, Preston, Lancashire PR1 9XD

  • 505 sq ft
Retail
£17,500

Ground Floor Retail Unit – To Let

Description

The property comprises the ground floor of a two storey semi-detached building that boasts direct frontage onto Liverpool Road and has the benefit of 2 on-site car parking spaces at the rear. The interior is well appointed and includes reception, private rooms and wc and kitchen facilities.

It would lend itself well to general retail uses, or potentially estate/letting agents and similar.

Our Client’s leasehold interest runs until 23 April 2024 and is available by way of an assignment of this Lease or subletting, subject to status, our Client’s Board approval and Landlord’s consent.

Location

The property is situated in a prime position in the heart of Higher Penwortham centre with frontage to the main A59, which is the main road between Preston City Centre and Southport and Liverpool beyond.

The immediate position consists of predominantly shops and business properties, which are usually in high demand due to the level of vehicular passing trade and pedestrian footfall.  This centre also serves the good quality, densely populated residential catchment area of Penwortham, which is only two miles from Preston City Centre.

Nearby occupiers include restaurants, bars, takeaways, banks, solicitors, estate agents, car sales, coffee shops and convenience stores.

Accommodation

Net Internal Area

Ground Floor   46.9 m²   505 ft²

Services

Mains electricity, water and drainage are connected.

Rates

Rateable Value:  £8,900
Small Business Payable:   Nil
None Small Business Payable:   £4,369

Lease Terms 

Available by way of an assignment of our Client’s existing Lease that is due to expire 23 April 2024.

Alternatively a sub-lease could be available.

Any transaction will be subject to our Client’s Board approval and Landlord’s consent.

The Lease or Sublease will be drawn on a Tenants effectively full repairing and insuring basis subject to an ingoing Schedule of Condition.

Rental

The current passing rental is £17,500 per annum plus VAT.

Legal Costs 

Each party to be responsible for their own legal costs incurred in this transaction.

Contact

Rob Bates [email protected]

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Contact Information:

Morgan Williams

Mobile: 01925 414909 Fax: 01925 637619

720 Mandarin Court, Centre Park, Warrington, WA1 1GG