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Preston - Former Dept. Store, Fishergate Shopping Centre, PR1 8HL

Ground Floor 41,780 sq ft | Additional 68,714 sq ft | Rent Upon Application.

pdf Preston Former Department Store Fishergate Shopping Centre (2.63 MB)

Location

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.

Anchored by Primark and TK Maxx, alongside other occupiers including Lush, Sports Direct, McDonalds, Starbucks, Bodycare and Card Factory Fishergate Shopping Centre provides c. 350,000 sq ft of retail space served by a 780-space surface car park. Located fronting Fishergate itself, the city’s principal high street, the centre is adjacent to Preston railway station which is a hub for the regional rail network as well being a major stop on the West Coast mainline; and in time will be served by HS2.

The subject property fronts onto Fishergate itself with significant frontage and access internally within the centre at lower mall level opposite TK Maxx and TJ Hughes.

Accommodation

Premises provide the following approximate net internal floor area:

Floor sq.m. sq.ft.
Lower Ground Floor 2,224 sq m (23,939 sq ft)
Ground Floor (Fronting Fishergate) 3,881 sq m (41,780 sq ft)
First Floor 4,160 sq m (44,775 sq ft)
(All calculations have been calculated in imperial and converted to metric)

Subdivision is possible. Contact agents for more information.

Terms

The property is available by way of a new effectively FRI lease on terms to be agreed, subject to vacant possession.

Rent

Upon Application.

Service Charge

The service charge estimate for 2022/2023 is £368,080.

Rates

Rateable Value (2017) £790,000
Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk. Due to Covid 19 Government assistance no rates due till April 2021.

Costs

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.

EPC

The property has an EPC rating of D (84). A copy of the EPC is available upon request.

Viewing

For further information please contact: Nick McAllester or Luke Nicholson of this office

Nick McAllester:

Luke Nicholson:

Subject To Contract, Subject To Vacant Possession & Without Prejudice

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 110494
  • Area m sq: 10265.23
  • Location: Preston