Commercial Property in Long Preston available for sale
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Commercial Property for Sale near the Long Preston, Skipton

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Explore the Latest Long Preston Commercial Property for Sale

More details for Main St, Skipton - Industrial for Sale

Magna House - Main St

Skipton, BD23 4ND

  • Industrial for Sale
  • £320,000
  • 8,210 sq ft

Skipton Industrial for Sale - Long Preston

The property is available with vacant possession at a guide price in the region of £350,000 or the property is available to let on the following terms: The property is available on negotiable lease terms on an internal repairing and insuring basis only. The Landlord is responsible for walls and roof. The ground floor (4105 sq ft) is available at £12,000 per annum. The first floor (4105 sq ft) is available at £8,000 per annum with a discount if the lease is taken for the entire building.

Contact:

WBW Surveyors

Property Subtype:

Warehouse

Date on Market:

01/08/2024
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Commercial Properties for Sale Within 5 miles of the Long Preston, Skipton

LoopNet UK North Yorkshire Skipton Commercial Properties For Sale in Long Preston, Skipton, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Long Preston

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How many Commercial Property listings are available for sale in Long Preston?
There are currently 1 Commercial Properties available for sale near Long Preston. These Long Preston Commercial Property listings have an average size of 8,210 sq ft. The largest available listing in Long Preston is 8,210 sq ft. The thriving commercial centre and excellent transport links in Long Preston make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Long Preston?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Long Preston currently range from £29 to £29 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Long Preston?
There is a diverse range of commercial properties available in Long Preston to suit various business needs. Long Preston offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Long Preston commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Long Preston, Skipton

Market Overview for Commercial Properties in Long Preston

Key information for Commercial Properties investors in Long Preston and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Settle £55 10,156 sq ft
Clitheroe £175 4,588 sq ft
Brierfield £0 8,435 sq ft
Barnoldswick £304 1,071 sq ft
Foulridge £138 1,053 sq ft

Rental Price Trends in Long Preston

The price per square foot range for Commercial Properties in Long Preston and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Settle £55 £55 £55
Clitheroe £31 £175 £302
Brierfield £0 £0 £0
Barnoldswick £238 £304 £426
Foulridge £138 £138 £138

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Long Preston area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Settle 10,156 sq ft 10,156 sq ft 10,156 sq ft
Clitheroe 1,236 sq ft 4,588 sq ft 9,251 sq ft
Brierfield 8,435 sq ft 8,435 sq ft 8,435 sq ft
Barnoldswick 463 sq ft 1,071 sq ft 2,185 sq ft
Foulridge 1,053 sq ft 1,053 sq ft 1,053 sq ft

You searched for commercial property for sale in Long Preston. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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