Retail premises for sale in 16 - 18 Orchard Street, Preston, Lancashire PR1

£1,100,000 (£231.48/sq. ft)
Retail premises for sale 4,752 sq. ft*
Interested in this property? Call +44 1244 725457 * or Request Details

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Property features

  • Located in Preston city centre
  • Prominent position on Orchard Street
  • Passing Rent: £106,000 per annum
  • Price: £1,100,000 subject to contract
  • Net Initial Yield: 9.10% after allowing for usual purchaser's costs.

Property description

Description

The subject provides a terrace of three, self-contained, retail units which starts at the junction of Market Street and Orchard Street. The properties are of brick construction beneath a mix of pitched and flat roofs in part.
Each property benefits from ancillary accommodation in the upper floors. Please note no access is available to the upper floors of 16 Orchard Street as the former tenant has removed the staircase under a Licence to Alterations.


Investment for sale - three well secured retail units



Located in Preston city centre

Prominent position on Orchard Street

Passing Rent: £106,000 per annum

Price: £1,100,000 subject to contract

Net Initial Yield: 9.10% after allowing for usual purchaser's costs.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
BA Commercial, CH1 on +44 1244 725457 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BA Commercial, and do not constitute property particulars. Please contact BA Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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