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Block of apartments for sale
Fishergate, Preston, PR1
£550,000
Fishergate, Preston, PR1
£550,000
Our Summary
- Fantastic Investment Opportunity in Preston's City Centre
- Investment Summary: Dual Income Streams: The property provides two income streams from the commercial unit and the residential apartments, offering a diverse investment opportunity
- Turnkey Investment: With an established business in place and ready-to-rent apartments, this is a turnkey investment with the potential to generate immediate income
- Strong Capital Growth: Located in a city with ongoing regeneration projects and infrastructure improvements, the property offers excellent potential for capital growth
- Conclusion: This fantastic mixed-use investment opportunity in Preston’s City Centre is ideal for investors seeking a property with multiple income streams and high yield potential
- Whether you are looking to invest in a thriving business or tap into the growing rental market, this property offers significant potential
Description
This fantastic investment opportunity in Preston's city centre combines a successful coffee shop and restaurant with three self-contained one-bedroom apartments. The coffee shop and restaurant benefit from high footfall and a strong customer base, while the apartments offer comfortable living spaces with modern amenities, ideal for both long-term tenants and short-term rentals. The property provides two income streams, with the potential for high yields and strong capital growth. Located in the heart of the city, it's close to public transport links, the university, and business district, ensuring a consistent demand for the apartments. With a 15-year lease on the shop premises and short-term tenancies on the apartments, this is a turnkey investment with the potential to generate immediate income.