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16-18 Orchard Street, Preston, PR1 2EN

For Sale

4,752 sqft

£1,100,000 For Sale

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    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.

    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.

    https://www.bacommercial.com/wp-content/uploads/2021/07/web-1.jpg Property 16-18 Orchard Street, Preston, PR1 2EN 1st July 2021