Orchard Street, Preston, Lancashire, PR1

Property Ref: 17320

Key details:
- Rent: from £30,000 per annum
- Available space: gross internal space 187 sqm evenly divided between ground and first floor
- Ceiling height: 4.25m (ground floor), 3.4m (first floor)
- Additional potential space: up to a further 270+ sqm, at no additional rent
- Lease terms: minimum 5 years, FRI (full repairing and insuring)
- VAT: not applicable
- EPC rating: D
- Planning use class: currently Use Class E (retail)
- No business rate until 1 April 2027
- Available from 1 September, following completion of strip-out works

A rare opportunity to lease this flexible commercial space within a striking period building on Orchard Street, sits within Preston's city centre core, close to the Market Hall, new Animate Preston with main retail and leisure amenities, and the city's public transport links, placing tenants at the centre of ongoing regeneration in the area.

The streets around are also benefiting from the council's public realm regeneration scheme expected to complete by November 2026 in the proximity.

Current use is retail under Class E.

The available accommodation comprises the ground floor (gross 91 sqm) and first floor (gross 96 sqm) of No. 17 Orchard Street, offering an adaptable layout suited to a range of uses subject to any necessary consents.

The building retains handsome period character, including a distinctive bay window frontage and generous 4.25m ceiling heights on ground floor, and 3.4m on first floor.

Condition: the property is currently being stripped back to shell condition. Two toilets remain in place on first floor, along with basic lighting, switches, and sockets.

The following items currently remain on site and can either stay for an incoming tenant's use or be removed prior to occupation, as preferred:
- Timber framing to walls
- Ceiling hanging rods
- Industrial kitchen extractor fan and ventilation
- Electric roller shutter and awning to the frontage

Access & parking: the property also benefits from shared service access and parking to the rear of the building, accessed via Market Street, shared with a small number of other retail units.

Expansion potential:
in addition to the space available now, a further 270+ sqm may become available across the first and second floors with the adjoining No.16 upper floors, offering corner views to both Market Street and Orchard Street, subject to access works and planning permission — at no additional rent, offering a genuine opportunity for a larger, bespoke unit.

Rateable value:
£25,500. On the current small business RHL multiplier (38.2p), this equates to an estimated £9,741 per annum in business rates once payable. however, business rate relief is in place until 1 April 2027, meaning no rates are payable up to that date. Incoming tenants should verify their specific liability with Preston City Council, as reliefs depend on individual circumstances.

Regulatory compliance: the incoming tenant is responsible for obtaining and maintaining all regulatory certificates and consents required for their use and fit-out, including but not limited to fire safety, electrical (EICR), and any licensing applicable to their specific trade.

All areas quoted are approximate estimates; interested parties are advised to satisfy themselves as to exact measurements.

The video walkthrough was taken prior to the current strip-out works; photos are mock-up illustrations of post-strip-out condition. Both are provided for illustrative purposes only, to give viewers a general sense of the space; both will be updated once works are complete.

Property Type: Retail Property
Full Renting price: £2500.00
Pricing Options: Guide Price
EPC rating: D
Measurement: 2325 sq.ft.
Parking: Communal, Rear
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For viewing arrangement, please get in touch with 99home.


If calling, please quote reference: 17320


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