Other Commercial Property for sale in Preston

View the "Substantial 21-bedroom HMO situated Preston" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Substantial 21-bedroom HMO situated Preston

Preston, Lancashire, England

  • Freehold Price: £625,000
Seller Reference: lopr0_787480654
Request DetailsEmail email
Business Description
Image 1 of 7 video_library
Seller Reference: lopr0_787480654
Request Details
Business Description
The premises are situated in Marsh Lane, in Preston, Lancashire located in the heart of this University City of central Lancashire. Just a few minutes’ walk from the University and on the doorstep for the railway station and main Fishergate shopping area ensuring the rooms can easily be rented, this can be backed up by the high occupancy rates.

The premises are split into three main houses with private parking to the rear and a central courtyard. Previously a well- known cookery school which was taken over by our vendor in 2007 having previously been converted into a 21room HMO predominantly Student Accommodation

Residential spaces

£625,000 Freehold

Showing excellent occupancy rates of 90% and a healthy turnover of £63,401 this is an excellent business

An excellent business that has been developed by our vendors since taking over in 2007. Our client regularly programmers’ refurbishment of rooms and has recently upgraded the fire alarm system and installed a new 65kw Bosch boiler

Internal walled courtyard with large communal area would suit some seating, with access to rear parking area.

The premises have 21 rooms, 5 Communal shower rooms, 1 Communal bathroom, 3 x Communal Kitchens, 2 x communal receptions, storage area, boiler room, laundry and communal courtyard, CCTV Room and off street parking.

Both parties will be responsible for their own legal costs


Energy Performance Asset Rating is 71: C Rating. A copy of this property’s energy performance certificate is available on request

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

Through London Properties by appointment only

Location Details:
Marsh Lane, Preston, Lancashire, PR1 8RT
Listed by:
Request Details

Find out more about this business opportunity.


Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image