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142 - 143 Friargate (ground floor shop for rent)

142 - 143 Friargate

142 - 143 Friargate The building comprises retail ground floor with prominent shop front and basement storage.

Address

142 - 143 Friargate
Preston, PR1 2EJ
Ground Floor Shop (with A1 / A2 Consent)

Location

The shop is situation in a prominent position on Friargate close to its junction with Ringway, Preston's inner ring road and are within 100 metres of St George's Shopping Centre which links Friargate  with Fishergate.

Friargate forms the main access between the main campus of the University of Central Lancashire and the City Centre.  There are a variety of commercial uses established in the area and given the ongoing expansion of the University, this location is increasing in popularity.

The property is adjacent to The Grey Friar, a Wetherspoon's Public House. It is also conveniently situated on a popular pedestrian route for bus passengers alighting for the City Centre. 

Description

The shop comprises of mainly open plan sales are with an office and customer W.C. at the ground floor level together with storage and ancillary staff accommodation situated in the basement.

A low ramp leads from Friargate up the main entrance door and the shop frontage has the benefit of electrically operated roller shutters.

Area

Shop

The property extend to the following approximate net internal areas:

  • Ground floor shop - 117 sq.m. (1,260 sq.ft.)
  • Basement - 96 sq.m. (1,033 sq.ft.)
  • Total - 123 sq.m (2,293 sq.ft)

Rent

Rental offers in the region of £23,000 per annum, exclusive of rates and all other outgoings are invited.

VAT

All prices are quoted exclusive of, but maybe subject to, VAT at the standard rate.

Business rates

The shop has a Rateable Value of £16,750.

Business Rates payable for the property in 2020/21 is estimated to be £8,576. However, interested parties should make their own enquiries to verify the amount payable (01772 906 972).

Term

The shop is available to let on a new full repairing and insuring lease for a retail use acceptable to the landlord for a minimum term of 3 years.

Other terms

By negotiation between the parties.

Fees and costs

Each party to be responsible for its own costs incurred in the completion of the lease.

Repairs and insurance

The tenant will be responsible for internal and external repairs and decoration and for insuring the contents and plate glass.

Planning

The property has the benefit of A2 consent (Financial and Professional Services) and was previously used as a betting office at ground level.

Alternative uses may be considered subject to planning permission and interested parties should therefore make their own planning enquiries.  

Arrange a property viewing

By appointment only. 

To arrange a suitable appointment please contact Tim Holt on 01772 906 753.   

How to lease the property

 To lease the property complete one of the following forms:

Property documentation

Map address for Friargate

142 - 143 Friargate, Preston, PR1 2EJ.

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