Full property description

A superb investment opportunity offering a 9% Return on Investment. The building is fully let with high quality tenants, and is in an excellent state of repair. A rare opportunity to acquire a recently renovated freehold development comprising both apartments and commercial units, within walking distance of Lancaster city centre. The unique proposition has been expertly converted consisting of 4 flats and 6 offices, with a large emphasis on eco efficiency along with good quality finishes. The apartments range from one bedroom to four bedrooms, all with contemporary kitchens and bathrooms as well as well proportioned bedrooms and high efficiency heating systems. The commercial offices are located on the ground floor with a welcoming communal entrance space and allow for tenants to work in professional surroundings with adequate facilities such as a kitchen area and separate toilets. The building also has a communal bike store and workshop area, photovoltaic solar panels and energy efficiency ratings of A or B for all the units. The building sits in a perfect position to take advantage of a wide range of amenities that the historic city of Lancaster has to offer and has superb transport links via train, car or bike.

**Please note that the property is owned through a limited company, and is the principal property that the company owns. The property advertised here is attached to two further self-contained flats which are also owned by the company and are being listed separately for sale:

https://www.rightmove.co.uk/properties/119883428#/?channel=RES_BUY
https://www.rightmove.co.uk/properties/119883422#/?channel=RES_BUY

These are all of the assets that the company owns. The directors will be happy to consider a sale of the whole company by way of its shares.**

Download Brochure

Get in touch

Location Pin icon

Houseclub Estate Agency
746 Cameron House
White Cross
Lancaster
LA1 4XQ

Watsapp icon

01524 771888

Email icon

info@houseclub.co.uk

Virtual Tour

2 West Road/Willow Lane Apartments and Offices, Lancaster EPC Rating