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FOR SALE – Investment Property – Greaves Road, Lancaster

FOR SALE – Investment Property – Greaves Road, Lancaster

150/150a Greaves Road, ,

Price: £ 275,000

 

Property Overview

INVESTMENT PROPERTY. Substantial fully let investment with ground floor and basement level commercial tenant together with first and second floors residential tenant. Extremely spacious premises, very deceptive in a prominent main road location within easy walking distance of the city centre and hospital. Great potential. Viewing strongly recommended.

 

Location
Prominent main road location within easy access of the city centre and hospital. Greaves Road is part of the A6, so a significant transport link between the city itself and Lancaster University.

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
Substantial investment property with good sized accommodation spread over 4 floors, fully let, with commercial use to the ground floor and basement, residential use to the upper parts on the first and second floors.

Accommodation

Ground Floor – 150a Greaves Road

Reception Office
5.369 x 4.276 (17’7″ x 14’0″)
Spacious walk in office with large window display, radiators.

Inner Hall
With staircase leading off down to the Basement.

Toilet
Wash basin, toilet, radiator.

Treatment Room 1
3.102 x 3.100 (10’2″ x 10’2″)
Overall measurement into recess, wash basin, Upvc double glazed rear window, radiator.

Treatment Room 2
3.798 x 2.655 (12’5″ x 8’8″)
Boiler cupboard with Vaillant gas boiler, wash basin, Upvc double glazed rear window, radiator.

Basement – 150a Greaves Road

Hallway
Store cupboards, radiator.

Treatment Room 3
4.144 x 3.948 (13’7″ x 12’11”)
Plus store cupboard and store areas, wash basin, radiator (presently used as a storeroom).

Treatment Room 4
3.764 x 2.730 (12’4″ x 8’11”)
Plus recesses, wash basin, Upvc double glazed rear window, radiator.

Kitchenette
Sink unit, fitted unit, plumbing for washer, Upvc double glazed side windows, radiator.

Rehabilitation Gym
8.133 x 3.051 (26’8″ x 10’0″)
Plus deep recess, impressive large gym, Upvc double glazed side windows and rear entrance door, radiators.

Services
All mains services connected. Gas central heating.

Rateable Value
£4,900.

Lease Terms
We are advised that the current rent passing is £10,500 per annum on the residue of a 6 year lease.

Accommodation

Ground Floor – 150 Greaves Road

Entrance Hall
With staircase leading off, radiator.

First Floor – 150 Greaves road

Galleried Landing
With spindled staircase leading off, radiator.

Living Room
5.553 x 5.529 (18’2″ x 18’1″)
Particularly large room, fireplace focal point, laminate flooring, radiator.

Breakfast Kitchen
3.897 x 3.090 (12’9″ x 10’1″)
Sink unit, range of fitted wall and floor units, breakfast bar, tiled splashback, gas hob, built under oven, extractor hood, plumbing for washer, double glazed rear window with elevated view, radiator.

Bathroom
4.221 x 2.720 (13’10” x 8’11”)
Plus recess, again particularly large room, bath with shower mixer tap, corner shower cubicle, vanity unit, toilet, tiled splashback, airing cupboard with Worcester gas boiler, Upvc double glazed rear window, radiator and towel radiator.

Second Floor – 150 Greaves Road

Galleried Landing
Upvc double glazed rear window.

Bedroom 1
3.847 x 3.112 (12’7″ x 10’2″)
Upvc double glazed rear window with extensive elevated view, radiator.

Bedroom 2
4.309 x 3.065 (14’1″ x 10’0″)
Upvc double glazed front window, radiator.

Bedroom 3
3.183 x 2.004 (10’5″ x 6’6″)
Skylight window, radiator.

Services
All mains service connected. Gas central heating.

Council Tax
Council Tax Band ‘A’.

Lease Terms
We are advised that the property is let on an assured shorthold tenancy agreement with a current rent passing of £650 per calendar month.

Viewing Arrangements
Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: info@fwcommercial.co.uk

Documents
Address: 150/150a Greaves Road
Area:
Zip: LA1 4UW
Country: United Kingdom
Open In Google Maps
Property Id : 836833
Price: £ 275,000
Other Features
Commercial and Residential
Extensive Accommodation
Fully Let at £18,300 per annum
Generally Large Rooms
Great Potential
Over 4 Floors
Substantial Investment Property
Viewing Absolutely Essential

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