Prime Retail Investment – Preston City Centre
Posted on 10th May 2017
An investment opportunity to purchase retail premises in Preston city centre has come to the commercial market.
12 Orchards St offers 1,136 sq ft of fully glazed, retail space over three floors of a mid-terrace unit. The unit is in an excellent position close to St George’s Shopping Centre and Preston’s busy Market Quarter, which is currently undergoing a major refurbishment and trades Monday to Saturday. Other occupiers in the vicinity include Greggs, Wilkinsons, Shoe Zone, Miss Selfridges and Cafe Nero.
The property is being offered for sale on a freehold basis and the quoting price is £250,000. It is currently tenanted on a 3 year lease from 4th July 2016 paying an annual rental of £18,000.
For further information or to book a viewing please contact our surveyor Mark Harrison on 01772 769000 or email mark@pinkus.co.uk