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Chorley Office01257 204 900

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1 Orchard Street, Preston, PR1 2EN

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      The premises are located at the junction of Orchard Street and Friargate in the heart of Preston town centre.

      Neighbouring occupiers include Caffe Nero, Subway and McDonalds restaurant.


      The premises comprise a part single storey, part two storey end terraced triangular shaped building, constructed in brick with pitched slate roof above.

      Internally the premises comprise the following :

      Ground floor retail area 171 sq. ft. - including laminate flooring and large window display.

      First floor - Access via rear internal staircase to storage, kitchenette and toilet.


      We have calculated the net internal floor area to be as follows :


      Ground FloorFront Sales171 sq.ft
      First Floor 187 sq.ft
      Total 358 sq. ft.






      The premises have a rateable value of £7,400.

      Legal Costs

      Each party to be responsible for their own legal costs involved in the transaction


      All mains services, excluding gas, are connected to the propeerty

      Money Laundering Regulations

      Please note we are now required to carry out customer due diligence on all purchasers once an offer is accepted, whereby we are required to obtain proof of identity and proof of address of the prospective purchaser

      Investment details

      The property is currently let to a sole trader (trading as a nail salon) on a 3 year FRI lease from 26th August 2021. The tenant pays a rent of £14,000 p.a. (paid monthly in advance)

      Based on a sale price of £175,000 this reflects a net yield of 7.86% assuming purchasers costs of 2.1%.


      Strictly through sole agents
      Taylor Weaver
      (James Taylor)
      01254 699030