Commercial for rent

Adelphi Street, Preston, PR1


£24,996 per annum
£2,083 per month
S.O.A.

Features

  • Basement
  • Busy Parade Location
  • Commercial Property
  • Mixed Use
  • Office
  • Retail
  • To Let
  • Two floors
  • Viewing is a Must

Description

LOCATION:

Adelphi street is located in front of the of Uclan library and their newest buildings. Prime corner position in an unmissable spot of in the heart of Preston City Centre.

Literally metres from Uclan, friargate and a short walk from Preston bus nd train station nd main city centre area.

Surrounded by Prestons newest £200 million pound redevelopment project offering soon to be massive foot fall, students, local businesses and a city centre feel.

DESCRIPTION:

A grand looking building with history and lots of potential spans over two floors with basement usage.

Internally, on the ground floor, the property boasts a large commercial area and could offer various A1, A3 and A5 opportunities along with a basement subject to planning.

The property depending on use will need renovation.

OPTIONS:

Due to the size the commercial unit the landlord is willing to look at various options with tenants.

ACCOMMODATION:

The property can be used for a variety of usages however, all applicants should make their own enquires with the council.

These premises could be ideal for retail, restaurant, café and takeaway

The Property provides the following approximate net internal floor areas:

Ground floor 84m² / 904ft²

First Floor 32m² / 344ft²

Basement 36m² / 387ft²

All measurements to be confirmed have been made in accordance with the RICS Code of Measuring Practice

SERVICE:

Mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

PLANNING:

Previously used as a bank and office with what we believe was class A1 permitted use. The premises are now suitable for Class A1 and A3 uses please consult panning depart to confirm.

Prospective tenants are advised to make their own enquiries to Preston City Councils Planning Department on 01772 906581.

EPC:

A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

LEASE:

The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.

RENT:

As a whole unit

Offers in the region of £25,000.00 per Annum (£2083.00 per month) VAT may be applicable (please ask in office) and rent excludes rates, payable in advance by standing order and subject to contract

RATING ASSESSMENT:

Rates payable for 2020/2021 are

The small business nondomestic multiplier 49.9p in the £.

The non-domestic multiplier 51.2p in the £.

This property may be entitled to 100% rates relief dependant on circumstance.

The Valuation Office Agency website describe the premises as being assessed as a STUDIO AND PREMISES with a Rateable Value of £5,500

All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

VAT:

All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

Please ask office should this be the case.

LEGAL COST:

Each party are to be responsible for their own legal costs incurred in the transaction.

VIEWINGS:

Strictly through Kingswood on an appointment basis only.

Please contact Kingswood on:

Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ

Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA

mail@kingswoodproperties.co.uk

www.kingswoodproperties.co.uk

DISCLAIMER:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Categories

Commercial
Call
Property reference
CP8121_6432