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Floor Plan
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Property Map
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Property Map
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Primrose Street, Lancaster, Lancashire, LA1 3BN

For Sale

Land & Development, Investment, Leisure & Hospitality, Office

550 Sq Ft

For Sale: £69,950 for the Freehold

Get in touch for this property:

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  • BUSINESS NOT AFFECTED
  • Rental income of £7,200
  • Appealing yield
  • Rent review is scheduled for January 2026
  • Attractive and affordable investment option
  • Long-term investment

Investment Opportunity - Fully Let Premises with Attractive Yield (BUSINESS NOT AFFECTED)

This property presents a strong investment opportunity, currently let to Atkinsons Sandwich Bar and generating an annual rental income of £7,200. Based on the asking price, the asset offers an appealing yield of approximately 10.36%, providing a solid return for investors seeking a stable, income-producing property.

A rent review is scheduled for January 2026, offering potential for an uplift in rent and a corresponding increase in yield, subject to market conditions and tenant performance. The established tenant and consistent rental income provide reassurance for long-term investment security, while the upcoming review presents room for further growth.

Overall, this property represents an attractive and affordable investment option with a healthy return, reliable occupation, and clear potential for future value enhancement.

Situated on Primrose Street, these premises benefit from a convenient and well-connected position close to the established White Cross Business Park. The surrounding area includes a diverse mix of residential housing, accommodating families, students, and professionals, which supports strong local footfall and potential customer reach for a variety of occupiers.

The location offers excellent accessibility, being easily reached from Lancaster city centre either on foot or by car.

Description Sq Ft Sq M
Kitchen 93 8.62
Service Area 170 15.77
Basement 275 25.55

Water and electric connected

C-59

Use class - E

Prices are exclusive of VAT but may be liable, property not elected for VAT

Contact for this property