Kingswood are delighted to bring this commercial letting opportunity to the market.
This property is ideally located in the centre of Preston, in the heart of the retail offering. It is situated in close at the junction of the pedestrian section of Friargate with Cheapside.
A purpose built property accommodating two floors, all capable of providing retail accommodation.
Internally, the property comprises a good-sized retail premises which is set over ground and first floors. The property location and standard would be suitable for a variety of retail trades.
Gross frontage: 18' 0"
Internal width max: 15' 4"
Internal width min: 9' 2"
Ground floor sales: 56.58 m²
Ground floor kitchen: 8.92 m²
First floor sales: 37.53 m²
First floor ancillary: 12.17 m²
Male and female WC facilities to ground floor.
The Valuation Office Agency website describe the premises as being assessed as a “Shop and Premises” with a Rateable Value of £27,750. Rates payable for 2014/2015 are 49.3p in the £
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.
The premises are offered on a new 10 year Lease subject to upward only rent review at the end of the fifth year. The Lease shall be upon full repairing and insuring terms.
£35,000 per annum exclusive of rates and VAT, payable quarterly in advance by standing order.
The premises have the benefit of air conditioning to both ground and first floors.
The property enjoys an A1 retail consent
but may be considered suitable for A3
(restaurant and cafÃ©) or A4 (drinking
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.
Each party are to be responsible for their own legal costs incurred in the transaction.
Strictly through Kingswood on an appointment basis only.
Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.