Summary - MANCHESTER ROAD POST OFFICE, 186 SELBORNE STREET PRESTON PR1 4LB
1 bed 1 bath Shop
Income-producing freehold shop with 1-bed flat — ideal for hands-on investors seeking immediate rent..
Freehold Victorian corner shop with one-bedroom flat above
A freehold Victorian corner shop with a one-bedroom flat above, offered with long-term tenants in situ and immediate rental income. The ground-floor shop is currently let as a vape retailer for £500 pcm and the first-floor flat is let for £400 pcm, producing a combined £9,600 pa (approx. 7.0% gross yield at the asking price). The property sits on a small plot on a busy high street in Preston, providing consistent footfall and mixed-use potential.
The building retains period brick character and a traditional layout across two storeys. Services (gas, electricity, water, drainage) are reported as connected; fixtures and fittings are included in the sale price. Broadband speeds are fast and mobile signal is excellent, supporting both retail and residential occupiers.
Notable risks are material: the area is designated very deprived with above-average crime, which may affect tenant turnover or rental growth. Accommodation is compact with standard ceiling heights and small rooms, limiting some uses without alteration. EPC details are not provided and purchasers should verify energy rating, service condition and statutory compliance. Tenants are in situ — any purchaser must accept existing tenancies or follow legal processes for change of use/possession.
This property is aimed at investors seeking an entry-level, income-producing freehold in an urban community. It suits a hands-on investor or small portfolio buyer prepared to manage tenants and consider modest refurbishment to increase rental value. Due diligence and an internal inspection are recommended to confirm condition and potential for reconfiguration.
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