35-37 Plungington Road, Preston PR1 7EP Freehold Investment

35-37 Plungington Road, Preston PR1 7EP

FREEHOLD INVESTMENT  business not affected

A freehold investment of a commercial premises occupied by William Hill Organization under the terms of a current 10 year lease

from 27 August 2026. The passing rent is £12,500 per annum.

A prominent commercial premises occupying a corner plot fronting Plungington Road together with return frontage to Ellen Street.

Constructed of brick external wall elevations, part render finish under a pitch slate roof plus flat roof section.

The premises extends to approximately 198 sq.m (2,130 sq.ft) gross internal floor area over two floors plus basement and briefly affords the following accommodation;

GROUND FLOOR   113.48 sq.m (1,221 sq.ft)

Window Display:  0.85m x 8.5m

Main Betting Shop:  10.12m x 10.5m    Tiled Floor, Suspended Ceiling

Stores Room:  2.48m x 0.83m    with wash hand basin

W/C:  2.0m x 2.2m     Disabled Toilet plus Urinal and wash hand basin

FIRST FLOOR     84.5 sq.m (909 sq.ft)

Accessed via a narrow alley off Plungington Road to a stairwell door

Landing: 1.54m x 3.55m

Room 1:  6.04m x 3.41m   Front facing, 2x windows

Room 2:  3.25m x 3.71m   Front facing, 1x window, loft hatch

Room 3:  3.75m x 1.85m   1x window

Inner Corridor: 3.33 m x 1.54m

Room 4: 3.55m x 3.28m   To side, 1x window

Room 5: 3.50m x 3.61m    Middle room

Room 6: 3.31m x 3.03m   Rear facing, loft hatch, escape route to flat roof

OUTSIDE

Car parking is available on the nearby Preston City Shoppers Car Park to the rear of the property (2 hrs free 8-5pm Mon–Friday)

GENERAL PROPERTY COMMENTARY

Tenure – The property is understood to be held freehold in title LA399018

Tenancies – Leasehold title LAN238266

Tenant: William Hill Organization Limited

Term: 27 August 2026 to 26 August 2036

Commencing Rent: £12,500 per annum payable quarterly

Rent Review Date: 24 June 2031

Rent Review Formula: Open market rent payable at review date or the passing rent if greater

Tenant Break Option Date: 28 Sept 2029, 28 Sept 2031, 28 Sept 2034

Insurance Rent: Tenant shall pay the landlord’s annual insurance premium by an insurance rent

Repairs: Full repairing lease

Permitted Use: A licensed betting office with residential flat over

The lease is not contracted out of S24-26 Landlord and Tenant Act 1954

The tenant occupies the ground floor and first floor under the terms of the lease however the first floor is not utilised currently

Non-domestic business rates – Preston City Council Rateable Value £12,750 as from 1 April 2026

Services – We are verbally advised that mains water, electricity, gas are available. Connection to the public sewers.

Rights of Way, Easements, Wayleaves – We have not been made aware of any rights of way which may otherwise affect the premises.

Planning – We make the assumption that the premises conforms to its current planning use.

Application Number: 06/1980/0656 Change of use retail shop to licensed betting office Registration Date: 11/06/1980 Decision: Approval (statutory conditions only)

Non-Domestic Energy Performance Certificate (EPC) – Awaited

Asking Price   £ 150,000

Viewing – The premises is occupied therefore viewings are by strict appointment with the selling agent.

Contact     adamp@shpvaluers.co.uk

These details do not form any part of a binding contract of sale of the property and are produced subject to contract.  The vendor is not required to accept the highest or any offer made and may withdraw the property from sale.

Consumer Protection from Unfair Trading Regulations 2008 & Business Protection from Misleading Marketing Regulations 2008

SHP VALUERS Ltd for themselves and for vendors of this property who are agents on behalf of give notice that:

(i)  the particulars are set out as guidance of intended purchasers and do not constitute, nor constitute part of, an offer or contract;

(ii)  all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given as a fair                    representation of the property at the time of first marketing the property, whilst interested parties must satisfy themselves by making a full                    inspection of the property;

(iii)  no person in the employment of SHP VALUERS Ltd has any authority to make or give any representation or warranty whatever in relation                     to  this property