Terraced house · PR1 6NS
Listing removedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Versatile Shop & Workshop Premises with Yard A fantastic opportunity to let a versatile commercial property comprising a prominent shop unit with cellar , together with a substantial workshop building and yard .
The property offers a range of potential commercial uses and provides an excellent opportunity for a tenant looking for flexible accommodation, whether as a standalone shop, workshop, business premises, or a combination of both.
The landlord is willing to work with prospective tenants and will contribute towards key improvements, including: - Replacement/provision of roller shutters to the shop unit - New toilet facilities within the shop - New kitchen area within the shop - New windows and doors to the workshop building Further refurbishment or alterations required to meet a tenant-s individual requirements would be the responsibility of the incoming tenant, subject to any necessary permissions.
The premises can be considered as either a single commercial letting or potentially as two separate commercial units , providing flexibility for a range of businesses.
Shop & Cellar: £13,500 per annum Workshop & Yard: £9,500 per annum Combined Letting: £22,000 per annum The landlord is open to considering offers and would be willing to discuss the terms of the letting with interested parties.
Early viewing is highly recommended to appreciate the size, layout and potential of the premises.
Preston City Centre Office 11 Lune Street, Preston, Lancashire, PR1 2NL Fulwood Office 77 Watling Street Road, Fulwood, Preston, PR2 8EA Viewings are strictly by appointment only through Kingswood Properties.Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Anti-Money Laundering (AML) and Identity Verification Checks In accordance with our regulatory obligations, all applicants will be required to complete Anti-Money Laundering (AML) and Identity Verification checks.
A non-refundable fee of £45.00 plus VAT per applicant will be payable to cover the cost of these checks. We use Vorensys to carry out these verification processes.
Applicants will be contacted directly by Vorensys to provide the necessary information and documentation.
Once the checks have been successfully completed and approved, we will be notified and will proceed with the application accordingly.
Please note that the AML and Identity Verification fee is non-refundable, regardless of the outcome of the application or verification process.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About St. Pauls Road, Preston, Lancashire, PR1
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