Shop Unit to Let | 2120 sq.ft
Preston is the administrative centre for Lancashire and is the dominant retail centre for the County. CACI’s in town retail rankings for the North West put Preston 4th (behind Manchester, Liverpool and Chester). Preston has a resident population of 140,202 (source: 2011 Census) with a catchment of 823,000 (source: Experian – 2016 estimate). The University of Central Lancashire (UCLAN) is based in Preston and is the 8th largest university in the UK with a student population of over 30,000.
St George’s Shopping Centre is located at the heart of the city centre with entrances from the city’s two main shopping streets (Fishergate and Friargate) and benefits from a 410 space multi-storey car park. Main tenants in the scheme include Matalan, H&M, New Look, M&S, River Island, Tiger, Thomas Sabo and Foot Asylum amongst others.
The premises provide the following approximate net internal floor areas:-
|Ground Floor||154.58 sq.m||(1,664 sq.ft)|
|First Floor||42.36 sq.m||(456 sq.ft)|
The shop unit is available on a new effectively full repairing and insuring lease, which will include a service charge provision.
The current service charge for 2020 is £17,004 per annum.
|Rateable Value (2017)||£48,250|
All figures quoted are subject to VAT where applicable. The ingoing party is to be responsible for their own legal costs incurred in the transaction where applicable.
The property has an EPC rating of D (84). A copy of the EPC is available upon request.
Strictly by prior arrangement with Nick McAllester or Stephen Tregenza of this office or alternatively contact our joint agents Barker Proudlove (Tel: 0161 631 2852).