37 & 38 Water Lane, Preston

Description

The premises comprise a pair of adjacent two-storey terraced properties which accommodate two lock-up, self-contained retail units at ground floor level each providing open plan sales area together with ancillary accommodation, brew area and WC facility to the rear.  Both units will be available with vacant possession on completion with 37 Water Lane having recently been subject to refurbishment and benefiting from a new suspended ceiling, LED lighting and being freshly plastered and decorated.

The first floor accommodates a large residential flat accessed from the front, with the two properties having been interlinked on this level, and benefits from uPVC double glazing throughout. The accommodation was previously occupied as five bedsits with communal kitchen and bathroom facilities but is currently unoccupied.  This element could either be refurbished or offers the potential to be reconfigured to provide two 1 bed self-contained flats.  An additional staircase provides direct internal access between the floors.

Externally, there is an area of enclosed land to the side which can be used for storage only and is held by way of an agreement from Network Rail at an annual fee of £437.45 inclusive of VAT.  A purchaser may be able to retain the benefit of the land subject to negotiation of a new agreement with Network Rail.