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Retail Property Consultants

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Preston

162-165 Friargate

PR1 2EJ
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  • Aquired for£4,070,000
  • Net initial yield7.26%

Well let, prominent retail investment oppotunity in Preston

Let to Wilko Retail Limited on a recently renewed 10 year lease

The property provides one of the best large retail floorplates within Preston, in close proximity to the entrance to St George's Shopping Centre

Freehold

Passing rent reflects a low, re-based rental value of £5.79 per sq ft

Contacts

  • Oli Horton
    • 020 7647 4806
    • 07788 695 859

Latest case study

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Out of town expertise secures retail park

GCW used its out of town expertise to secure the acquisition of Chippenham Retail Park for a client of Aberdeen Asset Management in a competitive market.

View Case Study