Fishergate | Preston | PR1 8BH

£5,000.00PCM

Kingswood are delighted to bring this commercial letting opportunity to the market.

LOCATION 

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 pedestrianised section of Friargate with Cheapside. 

 

Description
A purpose built property accommodating four floors, all capable of providing retail accommadation.

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.

Valuation

Ref.

Floor

Description

Area m2/unit

£ m2/unit

Value

1

Ground

Retail Zone A

34.10

£1,400.00

£47,740

2

Ground

Retail Zone B

13.70

£700.00

£9,590

3

First

Internal Storage

31.30

£70.00

£2,191

4

First

Staff Toilets

N/A

£0.00

£0

Total area:

79.10

Subtotal:

£59,521

 

Additional items

Air Conditioning System

47.8

£7.00

£335

 

Total value:

£59,856

Rateable value:

£ 59,500

 

LEASE 

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.

RENT 

£35,000 per annum  exclusive of rates and VAT, payable quarterly in advance by standing order. 

RATES

We are verbally advised by Preston City Council as follows:

Rates Payable 2012/2013:    49.3p in the £

SERVICES 

The premises have the benefit of air conditioning to both ground and first floors. 

 

Planning 

The property enjoys an A1 retail consent but may be considered suitable for A3 (restaurant and café) or A4 (drinking establishments) uses.

VAT 

All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

LEGAL COSTS 

Each party are to be responsible for their own legal costs incurred in the transaction.

 

Viewings:

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

mail@kingswoodproperties.co.uk

 


Features

Photos

Floorplan

EPC

No EPC chart found

Maps

Street View

Brochure

Map

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.

To let

Retail Shop
Studio bedroom(s)
1 bathroom(s)
0 receptions

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