Retail premises for sale16 - 18 Orchard Street, Preston, Lancashire PR1
Local area information
- St Ignatius' Catholic Primary School 0.3 miles
- Imam Muhammad Zakariya School 0.3 miles
- Preston (Lancs) 0.4 miles
- Lostock Hall 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- 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.
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.
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