Location The property is situated within Preston City Centre fronting Friargate close to its junctions with Hill Street and Heatley Street. The immediate vicinity comprises a variety of commercial uses. The University of Central Lancashire’s main campus is close by with the premises benefiting from good pedestrian flows between the University and the City Centre.
Description The property comprises a two-storey mid terraced unit and benefits from an extensive glazed display window to the Friargate frontage with metal security roller shutter over. Internally the premises provide open plan ground floor sales with ancillary accommodation together with WC facility on the first floor which also offers the ability to install either a kitchen or shower room to meet an occupier’s requirements. The property has recently benefited from extensive refurbishment throughout and is ready for immediate occupation. The first floor can either be used for ancillary purposes in connection with the retail use of the ground floor or may offer the opportunity to provide residential accommodation for an occupier. Accommodation The property extends to the following approximate net internal floor areas:- m² ft² Ground floor sales 59.11 636.2 First floor ancillary 50.83 547.1 Total 109.94 1,183.3
Services We understand that mains gas, electricity, water and drainage are available to the premises with the property benefiting from a newly installed central heating system throughout.
Rating Assessment The premises have a current Rateable Value of £6,900. Prospective tenants may therefore be eligible for small business rate relief. Interested parties should, however, make their own enquiries of Preston City Council (tel 01772 906972).
Planning The premises benefit from consent under Class A1 (retail shops) of the Use Classes Order 2010.
Tenure The premises are available to let on a new full repairing and insuring lease, for retail use only, for a term of years to be agreed.
Rental Offers in the region £12,500 per annum
To Let - Prominent Retail Premises - 47 Friargate, Preston